The Tribiani Co. just issued a dividend of $2.90 per share on its common stock. The company is expected to maintain a constant 4.5 percent growth rate in its dividends indefinitely. If the stock sells for $56 a share, what is the company's cost of equity? Input Area: Dividend per share Growth rate Stock price $3 4.50% $56 (Use cells A6 to B8 from the given information to complete this question.) Output Area: Cost of equity 9.68%