Ford Corp is expected to pay an annual dividend of $$4\mathrm{.}63$ on its common stock in one year. The current stock price is $$74\mathrm{.}11$ per share. The company announced that it will increase its dividend by $3\mathrm{.}75$ percent annually. What is the company's cost of equity?

$9\mathrm{.}44\%$

$10\mathrm{.}60\%$

$10\mathrm{.}00\%$

$9\mathrm{.}72\%$

$10\mathrm{.}23\%$