A company has a beta of 1.1. The risk free rate is 5.6%, and the equity risk premium is 6%. The company's current dividend is $2.00. The current price of its stock is $40. What is the company's required rate of return on equity? Select one: a. 11.2% a. O b. 22.1% O c. 12.2% O d. 21.2% Clear my choice