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 4,3% 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 6.90 Correct response: 6.910.01 Click "Verity to proceed to the next part of the question GHI Company also has preferred stock outstanding that pays a $1.9 per share fixed dividend. If this stock is currently priced at $31.15 per share, what is GHI Company's cost of preferred stock? 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