Coca$-$Cola has an overall beta of $0\mathrm{.}55$ and a cost of equity of $8\mathrm{.}9$ percent for the firm overall. The firm is $100$ percent financed with common stock. The Powerade division, within Coca$-$ Cola, has an estimated beta of $1\mathrm{.}08$ and is the riskiest of all the firm's operations. What is an appropriate cost of capital for their Powerade division if the market risk premium is $9\mathrm{.}5$ percent? $(5$ points$)$