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Suppose Wacken, Limited just issued a dividend of $2.52 per share on its common stock. The company paid dividends of $2.02. $2.09,$2.26, and $2.36 per

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Suppose Wacken, Limited just issued a dividend of $2.52 per share on its common stock. The company paid dividends of $2.02. $2.09,$2.26, and $2.36 per share in the last four years, If the stock currently sells for $71, what is your best estimate of the company's cost of equity capital using arithmetic and geometric growth rates? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32,16. \begin{tabular}{|l|l|l|} \hline Cost of equity using aritymebic growth rate & \\ \hline Cost of equity using gecmetric growth rate & & \\ \hline \end{tabular}

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