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Question 29 (1 point) Stock in ABC Company has a beta of 0.9. The expected market return is 10%. The company's next dividend is expected

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Question 29 (1 point) Stock in ABC Company has a beta of 0.9. The expected market return is 10%. The company's next dividend is expected to be $2 per share, and dividends have been growing at a 4% annual rate. If the stock sells for $25 per share, what is your best estimate of the company's cost of equity? 12.00% 11.59% 7.95% 12.68% 8.86%

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