Question 31 Not yet answered Points out of 1.00 p Flag question CSUSM has a beta of 0.98, a stock price of $23, and recently paid an annual dividend of $1.1 a share. The dividend growth rate is 5 percent. The market has a 10.6 percent rate of return and a risk premium of 7.5 percent. What is the firm's cost of equity? Select one: o a. 11.67 percent b. 10.24 percent c. 10.68 percent d. 10.05 percent e. 10.13 percent