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Given the information available below for Fake Company Blue, what is this company's required return on equity? YTM on five-year US Treasury note = 0.035

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Given the information available below for Fake Company Blue, what is this company's required return on equity? YTM on five-year US Treasury note = 0.035 Five-year average annual return on S&P 500 = 0.082 . Percent of equity in company's long-term capital structure = 0.51 Your company's current stock beta = 1.6 Enter your answer as a regular percent rounded to the nearest first decimal. Do not enter percent signs, dollars signs, or commas. Use standard rounding conventions: round up. For example, if you calculated 3.9267%, you would enter 3.9. Or if you calculated a decimal of 0.06294, you would enter 6.3

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