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Tucker Enterprises's stock is currently selling for $32.45 per share, and the firm expects its per-share dividend to be $2.35 in one year. Analysts project

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Tucker Enterprises's stock is currently selling for $32.45 per share, and the firm expects its per-share dividend to be $2.35 in one year. Analysts project the firm's growth rate to be constant at 5.72%. Using the cost of equity using the discounted cashflow (or dividend growth) approach, what is Tucker's cost of internal equity? Suppose Tucker is currently distributing 40.00 of its earnings in the form of cash dividends. It has also historically generated an average return on equity (ROE) of 18.00. Tucker's estimated growth rate is

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