What is the cost of equity in 2006 for Rolling in Dough Bakeries if dividends are listed below and the price of the stock is $31.50?

20. What is the cost of equity in 2006 for Rolling in Dough Bakeries if dividends are listed below and the price of the stock is $31.50? Year Dividends $3.75 $3.60 $3.45 2005 2004 2003 $3.40 2002