Stock in Daenerys Industries has a beta of 1,35 . The market risk premium is 8 percent. and T-bills are currently yielding 3 percent. The company's most recent dividend was $1.9 per share, and dividends are expected to grow at a 6.5 percent annual rate indefinitely. If the stock sells for $35 per share. what is your best estimate of the company's cost of equity? Mulipie Choicen 1304% 11.22% 975% 13.04% 11224 975% 1228% 138%