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The future dividends and common stock price of QQQ company are expected to grow at 6% per year. The company's common stock currently sells for

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The future dividends and common stock price of QQQ company are expected to grow at 6% per year. The company's common stock currently sells for $22 per share; its last dividend was $2; and it will pay a $2.12 dividend at the end of the current year. Using the discounted cash flow approach, what is the company's cost of common equity? Select one: O a 15.6% Ob 13% Oc 11% O d. 9.6% The future dividends and common stock price of QQQ company are expected to grow at 6% per year. The company's common stock currently sells for $22 per share; its last dividend was $2; and it will pay a $2.12 dividend at the end of the current year. Using the discounted cash flow approach, what is the company's cost of common equity? Select one: O a 15.6% Ob 13% Oc 11% O d. 9.6%

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