jasminefranco97721 jasminefranco97721 29-01-2024 Business contestada Smathers Corp. stock has a beta of 1.17. The market risk premium is 7.60 percent and the risk-free rate is 3.10 percent annually. What is the company's cost of equity?Multiple Choicea. 8.37%b. 11.99%c. 7.90%d. 10.18%e. 8.13%