Assume that A limited paid a dividend of25.4 cents per share just recently. The shares currently sell for $10.7. You also estimate that the dividend will grow steadily at 2.5 % per year into the indefinite future. What is the cost of capital, kefor A limited? Answer as a percentage accurate to two decimal places (11.32% should be entered as 11.32).Do not enter the % sign.

The answer I gave was 4.87, is this correct?