As the assistant to the CFO of Johnstone Inc., you must estimate its cost of common equity. You have been provided with the following data: $D_0=$$$0\mathrm{.}80$;$P_0=$$$22\mathrm{.}50$; and $g=8\mathrm{.}00\%($constant$).$ Based on the DCF approach, what is the cost of common from reinvested earnings?

$11\mathrm{.}84\%$

$10,69\%$

$11\mathrm{.}25\%$

$12\mathrm{.}43\%$

$13\mathrm{.}05\%$