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8 5 points Calculate the expected growth rate of dividends estimated using the historical annual dividends from 2014-2018. Use the following information: The cost of

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8 5 points Calculate the expected growth rate of dividends estimated using the historical annual dividends from 2014-2018. Use the following information: The cost of equity for the company DEF, Inc is 12.6%. The historical annual dividends are provided below. Suppose that today is the end of the year 2018. Year 2014 2015 2016 2017 2018 Dividend $3 $4.2 $5 M APERIALE $5.9 $7 16% 20% 00000 24% 22% 18%

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