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>> estion 6 7 points Save Answer Il firm issues preferred dividends at an annual rate of $5.98. Its current preferred stock price is $26.

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>> estion 6 7 points Save Answer Il firm issues preferred dividends at an annual rate of $5.98. Its current preferred stock price is $26. Assume that the equity beta for J is 1.39. The Yield on 10-year treasuries is 3.13%, and that the market risk premium for the year is 646. The company's EPS expected growth is 2%. For this year, the dividends for l firm are the same for common and preferred stock additionally the price for common stock is $27. What is the common cost of equity for Firm using the CAPM method? NOTE: Answer in percentages. That is, if your answer is 90% or 0.90, you should answer 90.00, not 0.90 A Movine to another question will save this resnonse

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