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GHI Company's current share price is $25 and it is expected to pay a $0.65 dividend per share next year. After that, the firm's dividends

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GHI Company's current share price is $25 and it is expected to pay a $0.65 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 43% per year. What is an estimate of GHI Company's cost of equity? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include a percent sign in your answer Enter your response below Number Click "Verity to proceed to the next part of the question. Section Attempt 1 of 1 Verity

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