The Drogon Company just issued a dividend of $$256$ per share on its common stock. The company is expected to maintain a constant $5$ percent growth rate in its dividends indefinitely. If the stock sells for $$45$ a share, what is the company's cost of equity?

Mutiple Choice

$6\mathrm{.}08\%$

$10\mathrm{.}97\%$

$1923$

$10\mathrm{.}698$

$10423$