Problem 13.66 Your answer is incorrect. Try again. Seerex Wok Co, is expected to pay a dividend of $1.55 one year from today on its common shares. That dividend is expected to increase by 2.10 percent every year thereafter If the price of Seerex common stock is $14.34, what is the cost of its common equity capital? Round intermediate calculations to 4 decimal places, e.g 0.52 12 and final answer to 2 decimal places, eg. 15.25%. Cost of common equity 11.di % LINK TO TEXT