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(Cost of common equity) Falon Corporation is issuing new common stock at a market price of $28.05. Dividends last year wete 51 . 32 ard

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(Cost of common equity) Falon Corporation is issuing new common stock at a market price of $28.05. Dividends last year wete 51 . 32 ard are expected is grow at an annual rate of 7.1 porcent forever. What is. Falon's cost of common equity captal?? The company/s cost of common equity is: 5. (Found to two decima placesh)

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