The Down and Out Co. just issued a dividend of $1.75 per share on its common stock. The company is expected to maintain a constant 0.06 growth rate in its dividends indefinitely. If the stock sells for $32.86 a share, what is the company's cost of equity? Enter the answer with 4 decimals (e.g.0.1234) Question 2 1 pts The Up and Coming Corporation's common stock has a beta of 1.03 . If the risk-free rate is 0.02 and the expected return on the market is 0.06 , what is the company's cost of equity capital? Enter the answer with 4 decimals (e.g. 0.1234)