Company A's current common stock price is $115 per share and the combany paid a $3 dividend per share in the current year. Company A's common stock and divideds are lexpected to increase as indicated in the following table Using the multi-period dividend discount model (DDM), what is Company A's expected required equity rate of return (cost of equity capital)? Round any computed prices to 2 decimals, round the expected required equity rate of return answer to 4 decimals and use the decimal format for your answer. Numeric Response