Assume that a company's beginning-of-period price is $10 per common share, its dividends are $0.55 per share, and its end-of-period price is $10.50...

Assume that a company's beginning-of-period price is $10 per common share, its dividends are $0.55 per share, and its end-of-period price is $10.50 per common share. What is the company's expected cost of equity capital?

Round answer to one decimal place (ex: 0.0245 = 2.5%)

Answer

%