Jui. U ULIC 2016 (U complete) HW Score: 0%, 0... P14-8 (similar to) Question Help (Cost of common equity) Falon Corporation is issuing new common stock at a market price of $27.53. Dividends last year were $1.35 and are expected to grow at an annual rate of 6.1 percent forever. What is Falon's cost of common equity capital? The company's cost of common equity is %. (Round to two decimal places.) ac ce eril nc Is fill