12. The Tribiani Co. just issued a dividend of $1.5 per share on its common stock. The company is expected to maintain a constant 4.5 percent growth rate in its dividend A. 7.30 itely. If the stock sells for $56 a share, what is the company's cost of equity? B. 7.6396 C. 7.8596 D. 8.14% 13. What is the cost of equity for a firm if the firm's equity has a beta of 1.2, the risk-free rate of return is 2%, the expected return on the market is 9%, and the return to the company's debt is 7% ? A. 10.4% 3. 10.896 12.8% 14.49