Jareet a Sont's common stock currenth trades at 331.00 a share. It is expected to pay an annual cividend of $2.00 a share at the end of the yeac (D1=$2.00), and the constant growth rate is Bws a yeac a. What is the company's cott of common equity if all of its equity comes from retained eamings? Do not round intermediate calculations, Round your answer to two declinal places. Bntwer to two decimat pleces