Ludo LLC issued equity shares of OMR90 each at par value in the current period. Last year the company paid a dividend of OMR 4 and the equity investors of ludo LLC expect that there will be growth rate of 8%. The cost of equity shall be: (consider two places after decimal in your calculations) a. 12.80% b. 16.00% C. 12.44% O d. 16.80%