Assume that Company A is in stable growth. Its current earnings are expected to grow $6\%$ a year in perpetuity, and its stock has a beta of $0\mathrm{.}85.$ If the current Treasury bond rate is $4\%,$ the current estimate of the market risk premium is $6\%,$ and the stock is trading at a P$/$E ratio of $9\mathrm{.}5,$ estimate Company A$\text{'}$s return on equity. The return on equity is$?$