View Policies Current Attempt in Progress Cullumber Inc's common shares currently sell for $40 each. The firm's management believes that its shares should really sell for $50 each. If the firm just paid an annual dividend of $2 per share and management expects those dividends to increase by 10 percent per year forever (and this is common knowledge to the market). Problem 13.20 a1-a2 (Solution Video)(a1) What is the current cost of common equity for the firm? (Round intermediate calculations and final answer to 2 decimal places, eg. 15.25%) The current cost of common equity for the firm Save for Later Attempts: 0 of 1 used Submit Answer Problem 13.20 a1-a2 (Solution Video)(a2) The parts of this question must be completed in order. This part will be available when you complete the part above. A Q AC A Qu Act