The Colorado Ski Company had a return on equity $($ROE$)$ of $12\mathrm{.}8\%$ this past year. Met income was $$160,000$ this past year. Dividends were paid of $532,000.$ l the company has $100,000$ shares outstanding with a current market price of $$10\mathrm{.}38$ per stare, what is the required rate of return? $12\mathrm{.}50\%13\mathrm{.}32\%13\mathrm{.}64\%11\mathrm{.}50\%9\mathrm{.}00\%$