You pull up the following information on Cash Cow Inc. (CC) from Yahoo Finance. The forward dividend yield is 2.8%; the trailing dividend yield is 2%; the historical growth rate in dividends is 6% and the future expected growth rate is 5% per year. What is the cost of equity based on the Dividend Discount Model (DDM), assuming that the stock price of CC is equal to its fundamental value.

	A.	The cost of equity is 8.0%.
	B.	The cost of equity is 8.8%.
	C.	The cost of equity is 7.8%.
	D.	The cost of equity is 2.1%.
	E.	The cost of equity is 2.9%.
	F.	The cost of equity is 7.0%.