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Hampton Corporation has a beta of 133 and a marginal tax rate of 34%. The expected retum on the market is 19% and the risk-free

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Hampton Corporation has a beta of 133 and a marginal tax rate of 34%. The expected retum on the market is 19% and the risk-free interest rate is 3.95 Estimate the firm's cost of internal equity SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END. DO NOT ENTER THE SIGN. IF YOUR ANSWER IS 7.7000%. FOR EXAMPLE, ENTER 770

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