Block stock sells for $$31$ per share. It just paid a dividend of $$1\mathrm{.}14$ per share. The company has a growth rate of $4\%$ annually. The return of market is $6\%.$ T$-$bills have a rate of $2\mathrm{.}5\%.$ The bond$-$yield risk premium is $4\%.$ Block's beta is $1\mathrm{.}17.$ What is the cost of equity for Block?