= Homework: Homework 4 Question 30, P 12-35 HW Score: 35.48%, 11 of 31 (similar to) points O Points: 0 of 1 Save Next question You have risen through the ranks of a coffee company, from the lowly green-apron barista to the coveted black apron, and all the way to CFO. A quick internet check shows that your company's beta is 0.52. The risk-free rate is 3.5% and you believe the market risk premium to be 4.6%. What is your best estimate of investors' expected return on your company's stock (its cost of equity capital)? The expected return is % (Round to two decimal places.)