Suppose you borrow $$1,000,000$ when financing a coffee shop which is valued at $$1,300,000.$ You expect to generate a cash flow of $$1,400,000$ at the end of the year. The cost of debt is $5\mathrm{.}5\%.$ What is the cost of equity? Note: Express your answers in strictly numerical terms. For example, if the answer is $5\%,$ write $0\mathrm{.}05$