XY company common stock is currently priced at $19.06 a share.

The company just paid $1.15 per share as its annual dividend.

The dividends have been increasing by 4 percent annually and are expected to continue doing the same.

What is this firm's cost of equity?

--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir