Hartford Mining has $5050$ million shares that are currently trading for $ $4$$$4$ per share and $ $160$$$160$ million worth of debt. The debt is risk free and has an interest rate of $3\%3\%,$ and the expected return of Hartford stock is $14\%.$ Suppose a mining strike causes the price of Hartford stock to fall $26$ &$\%$ to $ $2\mathrm{.}96$$$2\mathrm{.}96$ per share. The value of the$$ risk$-$free debt is unchanged. Assuming there are no taxes and the risk$($unlevered beta$)$ of$$ Hartford's assets is$$ unchanged, what happens to$$ Hartford's equity cost of$$ capital?