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ASAP PLEASE Booher Book Stores has a beta of 0.6 . The yield on a 3-month T-bill is 4% and the yield on a 10

ASAP PLEASE
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Booher Book Stores has a beta of 0.6 . The yield on a 3-month T-bill is 4% and the yield on a 10 -year T-bond is 7%. The market risk premium is 6.5%. and the return on an average stock in the market last year was 13%. What is the estimated cost of common equity using the CAPM? Round your answer to fwo decimal pleces: whed rener to the decinal places

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