A stock is selling at $$115\mathrm{.}00.$ The firm is going to pay the next dividend $($D$1)$ at $$1\mathrm{.}75.$ Issume that the growth rate g$-0\%.$ What would be the cost of equity raised by selling new ocks? $1\mathrm{.}05\%1\mathrm{.}52\%\mathrm{.}90\%28\%12\%$