The common stock for Greenland Financials currently sells for $$88$ per share. The firm's last dividend was $$5,$ and its dividends are anticipated to grow at the rate $4\%$ as they did over the past. Calculate the company's cost of internal common equity. Round your answer to the nearest $"0\mathrm{.}01\%".$ Enter your answer as a percentage. For example, if your answer is $"5\mathrm{.}28\%",$ enter $"5\mathrm{.}28".$