Hoolahan Corporation$$s common stock has a beta of $1\mathrm{.}29.$ Assume

the risk$-$free rate is $5\mathrm{.}4$ percent and the expected return on the

market is $12\mathrm{.}9$ percent. What is the company$$s cost of equity

capital? $($Do not round intermediate calculations and enter

your answer as a percent rounded to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.)$Cost of Equity: $\%$