You were recently hired by Garrett Design, Inc. to estimate its cost of common equity. You obtained the following data: D1 = $1.75: Po = $42.50; gL = 7.00% (constant); and F = 5.00%. What is the cost of equity raised by selling new common stock? O a. 10.7796 O b. 12.50% O c. 11.33% O d. 13.1296 O e. 11.90%