The common stock of Initiative Fencing, Inc. has a beta of $1\mathrm{.}4$ and a standard deviation of $114\mathrm{.}1$ percent. The market rate of return is $10\mathrm{.}1$ percent and the risk$-$free rate is $0\mathrm{.}7$ percent. What is the cost of equity for this firm? $($enter your answer as a percentage; i$.$e$.14\%$ as $14)$