Loc Br Current Attempt in Progress Crane Wok Co, is expected to pay a dividend of $2.4 one year from today on its common shares. That dividend is expected to increase by 5 percent every year thereafter. If the price of Crane common stock is $10.00, what is the cost of its common equity capital? (Round intermediate calculations to 2 decimal places, e.g. 0.15 and final answer to 1 decimal place, e.g. 15.2%) Cost of common equity C