Why am I not getting the right answer...DCF Method?

Assume that Mary Brown Inc. hired you as a consultant to lend a hand it estimate the cost of wherewithal. You hold be provided near the following information: D0 = $1.20; P0 = $40.00; and g = 7% (constant). Based on the DCF approach, what is Brown's cost of equity from retained returns?

(1.20/40) + 7% = 10%

Multiple choice tell me
10.06%
10.21%
10.37%
10.54%
10.68%

Answers:
Try this

DO x (1+g)/PO +g

$1.20 x1.07/40+.07 should equal 10.21
i quit doing homework when i transport my niece to college so sorry

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