You are estimating the cost of equity for the companys common stock using the constant dividend growth model. Your company just paid a dividend of $0.65, $0.70, $0.72, and $0.75 per share

over the last four years.

The current price of stock is $26.

Calculate the following returns: (1/100 of one percent without % sign, e.g. 12.671, if a negative percentage, -9.56):

1) Cost of capital constant dividend growth model: