Business Finance RN 11395) Save Homework: Chapter 14 Homework Score: 0 of 1 pt 2 of 6 10 complete) HW Score: 0%, 0 of 11 pts On P14-8 (similar to) Question Help (Cost of common equity) Falon Corporation is issuing new common stock at a market price of $28.19. Dividends last year were $1 22 and are expected to grow atau rate of 74 percent forever. What is Falon's cost of common equity capital? The company's cost of common equity is % (Round to two decimal places)