A stock is priced at $$42\mathrm{.}50$ per share. The stock$$s beta is $1\mathrm{.}10.$ One year from now, the firm will pay its annual dividend of $$1\mathrm{.}40$ per share. Dividends are expected to grow $5\mathrm{.}5$ percent per year for the foreseeable future. What is the cost of equity capital? Multiple Choice A$\mathrm{.}3\mathrm{.}47\%$ B$\mathrm{.}9\mathrm{.}67\%$ C$\mathrm{.}3\mathrm{.}29\%$ D$\mathrm{.}8\mathrm{.}79\%$ E$\mathrm{.}8\mathrm{.}98\%$