Question 19 Not yet answered Points out of 1.00 P Flag question CSUSM is expected to pay an annual dividend of $1.20 a share next year. The market price of the stock is $23.80 and the growth rate is 4.7 percent. What is the firm's cost of equity? Select one: o a. 8.27 percent ob. 9.74 percent c. 10.54 percent d. 7.93 percent O O O e. 11.54 percent