31/12/2013	31/12/2014	31/12/2015	31/12/2016	31/12/2017	31/12/2018	31/12/2019
Rf	2.359	2.4813	2.099	1.826	2.3268	2.8889	2.08325
Rm	18.99%	11.92%	-2.74%	17.45%	23.91%	-4.24%	19.28%
Rm-Rf	16.63%	9.43%	-4.84%	15.63%	21.59%	-7.13%	17.20%
Re	18.39%	11.58%	-2.57%	16.89%	23.14%	-3.98%	18.66%

0.96403 is the true value of Facebooks equity beta, and the table above estimate yearly cost of equity for Facebook for the 31/12/2012-31/12/2019 period. Comment on the estimate coe.