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asap You are analyzing a common stock that has a beta of 1.2, most recently paid dividend of $1.4, the current risk-free rate of 1.2

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You are analyzing a common stock that has a beta of 1.2, most recently paid dividend of $1.4, the current risk-free rate of 1.2 percent, and the expected return on the market is 8.4 percent. What is the company's cost of equity using the capital asset pricing model? Report your answer in decimal form rounded to the nearest fourth decimal place (so if your answer is 12.345%, report your answer as 0.1235)

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