jj firm issues preferred dividends at an annual rate of 2.7, its current preferred stock price is 26.67. Assume that the equity beta for jj firm is 0.54. the yield on 10-year treasuries is 2.62% and that the market risk premium for the year is 8%. the company's EPS expected growth is 2%. for this year, the dividends for jj firm are the same for common and preferred stock additionally the price for common stock is 32. what is the common cost of equity for jj firm using CDGM method?