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Gustavo Corp.'s stock has a Beta of 1.0. The risk-free rate is 5.0%, and the Market Risk Premium is estimated at 6.9%. The firm's cost

image text in transcribed Gustavo Corp.'s stock has a Beta of 1.0. The risk-free rate is 5.0%, and the Market Risk Premium is estimated at 6.9\%. The firm's cost of common equity, Re, is %. Margin of error for correct responses: +/- .03(\%) Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your * inal* response to 2 decimal places (example: if your answer is 12.3456,12.3456%, or $12.3456, you should enter 12.35)

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