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Firm ABC just paid a quarterly dividend of 0.22 per share, the dividends are expected to grow at 4% APR compounded quarterly, and the stock

Firm ABC just paid a quarterly dividend of 0.22 per share, the dividends are expected to grow at 4% APR compounded quarterly, and the stock price is $15 per share. Additionally, the stock has =1.2=1.2 while the risk-free rate is 2% and the expected market premium is 9% (all per annum). What is the firm's cost of equity (stated as an EAR)?

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