2 Stock in Daenerys Industries has a beta of 0.64. The market risk premium is 7.5 percent. and T-bills are currently yielding 5 percent. The company's most recent dividend was $1.8 per share, and dividends are expected to grow at a 4 percent annual rate indefinitely, If the stock sells for $39 per share, what is your best estimate of the company's cost of equity? points 10 points eBook Multiple Choice Print 8.8% References 9.8% 6.6% 9.3% 7.9%