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The Tribiani Co. just issued a dividend of $2.90 per share on its common stock. The company is expected to maintain a constant 4.5 percent growth rate in its dividends indefinitely. If the stock sells for $56 a share, what is the company's cost of equity? Input Area: \begin{tabular}{|lc|} \hline Dividend per share & $3 \\ Growth rate & 4.50% \\ Stock price & $56 \\ \hline \end{tabular} (Use cells A6 to B8 from the given information to complete this question.) Output Area: Cost of equity