Stock in Country Road Industries has a beta of 0.54. The market risk premium Is 10 percent, and T-bills are currently yielding 5.5 percent. The company's most recent dividend was $1.7 per share, and dividends are expected to grow at a 4.5 percent annual rate indefinitely. If the stock sells for $ 36 per share, what is your best estimate of the company's cost of equity? 10.17% 9.43% 8.88% 7.93% 10.9%