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The Sly Fox will pay an annual dividend of $4.65 a share next year with future dividends increasing by 2.15 percent annually. What is the

The Sly Fox will pay an annual dividend of $4.65 a share next year with future dividends increasing by 2.15 percent annually. What is the stock's Cost of Equity if the stock is currently selling for $49.55 a share?

A.
10.62 percent

B.
9.98 percent

C.
14.33 percent

D.
11.53 percent

E.
10.02 percent

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