You are asked to evaluate firm A's cost of equity Form A's stock has an equity beta of 17 The compaty ost pad a dividend of 5 23 and the dividends are expected to grow at 50%. per year. The expected market rik premtim i 68% and risk free rate is 459 The current stock price for the companys 558 Calculate the cost of equity in terms of percent osing the SML (Security Market Line or CAP Model) method.? Format your answer into percent and round to two decimals, for example 12.30)