Score: 0 of 10 pts 3 of 7 (6 complete) XP 13-12 (similar to) Mackenzie Company has a price of $34 and will issue a dividend of $2.00 next year. It has a beta of 11, the risk-free rate is 58%, and the market risk premium is estimated to be 4.8% a. Estimate the equity cost of capital for Mackenzie b. Under the CDGM, at whatrate do you need to expect Mackenzie's dividends to grow to get the same equity cost of capital as in part (a)? a. Estimate the equity cost of capital for Mackenzie The equity cost of capital for Mackenzie ts (% (Round to two decimal places) answer in the answer box and then click Check Answer Dan remaining 13 Type here to search hip