Stock selling price is Rs 35, expected dividend is Rs 5 and expected growth rate is 8% then cost of common stock would be%!

Stock selling price is Rs 35, expected dividend is Rs 5 and expected g

1.	Stock selling price is Rs 35, expected dividend is Rs 5 and expected growth rate is 8% then cost of common stock would be%!
A.	40.00%
B.	22.29%
C.	14.28%
D.	80.00%
Answer» C. 14.28%