Question 3 2 pts Hank Corp.'s common stock currently sells for $58 per share. The most recent dividend (Do) was $3.77, and the expected growth rate in dividends per year is 4%. The cost of common equity, R, is _______%. Margin of error for correct responses: +/- .05(%) Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places (example: if your answer is 12.3456, 12.3456%, or $12.3456, you should enter 12.35).