Suppose Wacken, Limited just issued a dividend of $2.55 per share on its common stock. The company paid dividends of $205, $2.12. \$2.29, and \$2.39 per share in the last four years. If the stock currently sells for $74, what is your best estimete of the company/s cost of equity capital using acithimetic and geometric growth rates? Note: 00 not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.9., 32.16