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TS VIEW Be careful--files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View Enable B C D E F G H I J K L M 13.8 Cost of common stock: Seerex Wok Co. is expected to pay a dividend of $1. 10 one year from today on its common shares. That dividend is expected to increase by 5 percent every year thereafter. If the price of Seerex is $13.75, what is Seerex's cost of common equity? $1.10 Expected dividend (D) Growth rate Current stock price 5% $13.75 Cost of common equity PON- 25

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