Jailai Cos. stock has a beta of $1\mathrm{.}7,$ the current risk$-$free rate is $6\mathrm{.}2$ percent, and the expected return on the market is $11$ percent What is Jailai's cost of equity?

Multiple Choice

$13\mathrm{.}81$ percent

$1519$ percent

$13\mathrm{.}41$ percent

$14\mathrm{.}36$ percent