IBM expects to pay a dividend of $$5$ next year and expects these dividends to grow at $6\%$ a year. The price of IBM is $$95$ per share. What is IBM's cost of equity capital?

A$.10\mathrm{.}17\%$

B$.9\mathrm{.}04\%$

C$.10\mathrm{.}74\%$

D$.11\mathrm{.}3\%$