The Bird House just paid its annual dividend of $1.46 a share and will increase all future dividends by 3.5 percent annually.

The Bird House just paid its annual dividend of $1.46 a share and will increase all future dividends by 3.5 percent annually. What is the firm's cost of equity if its stock is currently selling for $24.50 a share?Student ResponseFeedbackA. 9.67 percentB. 9.89 percentC. 10.43 percentD. 10.77 percentScore:0/10