IBM expects to pay a dividend of $4 next year and expects these dividends to grow...

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IBM expects to pay a dividend of $4 next year and expects these dividends to grow at 6% a year. The price of IBM is $90 per share. What is IBM's cost of equity capital? OA. 10.4% B. 3.12% C. 6% OD. 4.16% IBM expects to pay a dividend of $4 next year and expects these dividends to grow at 6% a year. The price of IBM is $90 per share. What is IBM's cost of equity capital? OA. 10.4% B. 3.12% C. 6% OD. 4.16%