Data from HooYa! Finance shows JessieR Fashions, a public company, has an equity beta of 1.4. JessieR just paid (yesterday) a dividend of $3. Dividends are paid annually and are expected to grow in perpetuity at 6%. The current expected market return is 14%, and the risk-free rate is 2%. If JessieR has a 35% tax rate, what is their after tax cost of equity capital? Enter your answer as a percent rounded to 2 decimal places. For example, if your answer is 0.1234, enter 12.34 without the percent sign. Your