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Bhemim Com n repatnd to prya dividend of 35 per share at the end of year 1(D1), and the Givend are cpated lo growat a

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Bhemim Com n repatnd to prya dividend of 35 per share at the end of year 1(D1), and the Givend are cpated lo growat a constant rate of 4% forever. If the current price of the stock is Question 9 Sab per mhare callabte the expected retum or the cost of equity capital for the firm. The nur answer as a percentage and not as decimal (i.e. 5.2 and not 0.052). Do not type the % gmbol Aundyour answer to the nearest two decimals if needed

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