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q1 q2 The slope of the security market line (SML) is Multiple Choice the market beta. negatively sloped. the market risk premium. The Raider Coffee

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The slope of the security market line (SML) is Multiple Choice the market beta. negatively sloped. the market risk premium. The Raider Coffee Company is expected to pay an annual dividend of $4.00 on its common stock in one year. The current stock price is $65.00 per share. The company announced that it will increase its dividend by 3.0 percent annually. What is the company's cost of equity? Convert to a percentage and round to one place past the decimal point. Numeric Response

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