HW Score Homework: Chapter_13 Score: 0 of 1 pt 12 of 26 (5 complete) P 13-12 (similar to) Slow in Steady, Inc., has a stock price of $30, will pay a dividend next year of $285, and has expected dividend growth of 1.1% per year. What is your estimate of Slow Steady's cost of equity capital? The required return (cost of capital) of levered equity is 3% (Round to one decimal place.)