Current market share price is $$5\mathrm{.}00.$ The expected dividend is $$0\mathrm{.}40.$ Calculate the cost of Ordinary shares using the constant dividend model?

a$.$

$7\%$

b$.$

$5\mathrm{.}5\%$

c$.$

$8\%$

d$.$

$7\mathrm{.}8\%$