TheDividend Aristocratsare S&P 500 index constituents that have increased their dividend payouts for 25 consecutive years or more. These firms tend toremunerate their shareholders mostly through dividends. Assume a company in this group with dividend yield D/P of 0.052 and dividend growth rate 4.1%. What is the cost of capital according to the Gordon growth model?

Input answer with 2 decimals.Input the answer as 28 if it is 28%

(extra note: I asked this before and the tutor told me the answer was 0.09. That is NOT the answer).