Sandhill Tire Co$.$ just paid an annual dividend of $$1\mathrm{.}20$ on its common shares. If Sandhill is expected to increase its annual dividend by $2\mathrm{.}1$ percent per year into the foreseeable future and the current price of Sandhill's common shares is $$14\mathrm{.}59,$ what is the cost of common stock for Sandhill?