Stock in Daenerys Industrles has a beta of 1.41. The market rlsk premlum 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 your best estimate of the company's cost of equity? Multiple Choice 11.37% 12 2894 14 28% 1328