$($c$)$ Hulahup Company's common stock is currently selling for RM$50.$ Last year's dividend was RM$1\mathrm{.}83$ per share. Investors expect dividends to grow at an annual rate of $9\%$ into the future.

$($i$)$ Compute Hulahup's cost of common equity?

$[2$ marks$]$

$($ii$)$ Selling new common stock is expected to decrease the price of the stock by RM$5\mathrm{.}00.$ Compute the cost of new common stock? Dividends will remain the same.

$[3$ marks$]$