8. Below is a real screenshot of a picture reminder from Google about when I was in China in 2016. Also, you can see I received a dividend ($255.62) from the SPYder index fund. If I have 183 shares, which I do, and the average escalation rate is 1.3% per quarter (which matches the DIV payment schedule), then what is the cost of equity from the perspective of the SPY fund per year? I bought my shares for $220. (Note it says that my dividend will be reinvested, which is not necessarily pertinent to the question here but means that as soon as that amount is paid to me then I just buy more SPY)(since DIVs are paid quarterly assume quarterly compounding to find the yearly effective rate) 9. If inflation is 4% per year, then what was the actual equity cost for SPY in problem 8? 8. Below is a real screenshot of a picture reminder from Google about when I was in China in 2016. Also, you can see I received a dividend ($255.62) from the SPYder index fund. If I have 183 shares, which I do, and the average escalation rate is 1.3% per quarter (which matches the DIV payment schedule), then what is the cost of equity from the perspective of the SPY fund per year? I bought my shares for $220. (Note it says that my dividend will be reinvested, which is not necessarily pertinent to the question here but means that as soon as that amount is paid to me then I just buy more SPY)(since DIVs are paid quarterly assume quarterly compounding to find the yearly effective rate) 9. If inflation is 4% per year, then what was the actual equity cost for SPY in problem 8