Oriole Incis common shares currently sell for $40 each. The firm's management believes that its shares should really sell for $50 each. The firm just paid an annual dividend of $2 per share and management expects those dividends to increase by 6 percent per year forever (and this is common knowledge to the market). (a1) What is the current cost of common equity for the firm? (Round final answer to 2 decimal places, e.g. 15.25%.) The current cost of common equity for the firm %