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Ethereum Corp. is expected to pay a dividend of $2 per share at the end of year 1(D1), and the dividends are expected to grow

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Ethereum Corp. is expected to pay a dividend of $2 per share at the end of year 1(D1), and the dividends are expected to grow at a constant rate of 3% forever. If the current price of the stock is $22 per share, calculate the expected return or the cost of equity capital for the firm. Type your answer as a percentage and not as decimal (i.e. 5.2 and not 0.052 ). Do not type the % symbol. Round your answer to the nearest two decimals if needed

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