According to equity market capitalization, what is the cost of capital for the stock of the following

Question:

According to equity market capitalization, what is the cost of capital for the stock of the following firm? Current market value of the equity is $1.2 million with 100,000 shares outstanding. The stock price is expected grow 5 percent in a year, and the firm is expected to pay out a $1.50 dividend per share at the end of the first year.

Cost Of Capital
Cost of capital refers to the opportunity cost of making a specific investment . Cost of capital (COC) is the rate of return that a firm must earn on its project investments to maintain its market value and attract funds. COC is the required rate of... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...