Stock in Country Road Industries has a beta of 0.76. The market risk premium is 9 percent, and T-bills are currently yielding 5 percent. The company's most recent dividend was $1.7 per share, and dividends are expected to grow at a 5 percent annual rate indefinitely. If the stock sells for $37 per share, what is your best estimate of the company's cost of equity? (Do not round your intermediate calculations.) Multiple Choice C) 9.829 9139 8.049 | 982% 913% 80496 10 83% 11 84 A stock has a beta of 1.2, the expected return on the market is 13 percent, and the risk- free rate is 8.45 percent. What must the expected return on this stock be? Multiple Choice 14.61% 13219 14 479 24.05 Holdup Bank has an issue of preferred stock with a $7 stated dividend that just sold for $93 per share. What is the bank's cost of preferred stock? " 790% 753% 783% 700 O 790% O 753% O 18396 O 7000 723