Jesse Corp.'s stock has a Beta of 1.11 . The risk-free rate is 4%, and the expected market return is 11%. 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 final response to 2 decimal places (example: if your answer is 12.3456,12.3456% or $12.3456, you should enter 12.35)