The dividend for Mosab Corp. next year is expected to be $1.45. The stock is currently trading for $98 per share. Based on recent financial statements, the following information was also gathered. Net Income was recorded at $56 million. Total Owners' Equity was $803 million, and Dividends paid was listed as $16 million. The estimated cost of equity, Re, is %. Hint: You'll need to use the Earnings Retention Model covered in the Cost of Capital lecture material to estimate dividend growth. Marcin of more few