72. An analyst gathered the following information to estimate the cost of equity for JI Inc. located in Fiji. Exhibit 1 Risk free rate 3.2% Market risk premium 5.5% Beta 1.3 U.S. 10-year T-bond yield 2.84% Fiji's 10-year dollar denominated Govt. 10.81% bond yield Annualized SD of Fiji's stock market 44% Annualized SD of Fiji's dollar 37% denominated bond The sovereign yield spread and JI Inc.'s cost of equity are closest to: A. 7.97% and 18.51% respectively. B. 9.48% and 19.83% respectively. C. 7.97% and 22.67% respectively