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Molina's Pie's Inc. just issued a dividend of $2.22 for shareholders of it's common stock. If the company maintains a constant 2.8 percent growth rate

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Molina's Pie's Inc. just issued a dividend of $2.22 for shareholders of it's common stock. If the company maintains a constant 2.8 percent growth rate on its dividends indefinitely. What will be the company's cost of equity if it's stock currently sell for 19 per share? 13.37 percent 10.46 percent 12.81 percent 9.94 percent 14.81 percent

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