Score: 0 of 1 pt 4 of 11 (0 complete) HW Score: 0%, 0 of 11 pts finance P14-8 (similar to) Question Help (Cost of common equity) Falon Corporation is issuing new common stock at a market price of $28.62. Dividends last year were $1.22 and are expected to grow at an annual rate of 73 percent forever. What is Falon's cost of common equity capital? The company's cost of common equity is % (Round to two decimal places) Incorrect Enter your answer in the answer box and then click Check Answer Check Art Clear A All art showing