Problem 14-4 Estimating the DCF Growth Rate [LO1] Suppose Wacken, Limited, Just Issued a dividend of $1.59 per share on its common stock. The company paid dividends of $1.25,$1.33,$1.40, and $1.51 per share in the last four years. a. If the stock currently sells for $40, what is your best estimate of the company's cost of equity capital using the arithmetic average growth rate in dividends? (Do not round intermediate calculatlons and enter your answer as a percent rounded to 2 decimal places, e.g. 3216.) a. What if you use the geometric average growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 3216.) Answer is complete but not entirely correct