JUVE Answer (CHAPTER 14) You researched Turnkey Investment's financial data and gathered the following information: Current price per share of stock = $106 Expected market risk premium = 8.2% Dividend per share next year = $4.6 Risk-free interest rate = 5.4% Expected annual growth of dividend per share = 5% Stock Beta = 1.38 Calculate the company's cost of equity using the Capital Asset Pricing Model approach. Your answer should be in %, not in defimals: e.g., 10.23 rather than 0.1023. . Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. . Only round your final answer to TWO decimal places: for example, 10.23. Do NOT use "%" in your