Assume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: $D_0=$$$0\mathrm{.}90$;$P_0=$$$27\mathrm{.}50$; and $g=7\mathrm{.}00\%($constant$).$ Based on the DCF approach, what is the cost of equity from retained earnings?

$9\mathrm{.}29\%$

$9\mathrm{.}68\%$

$10\mathrm{.}08\%$

$10\mathrm{.}50\%$

$10\mathrm{.}92\%$