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Kaiser Aluminum has a beta of 0.70. If the risk - free rate (R_RF) is 5.0%, and the market risk premium (RP_M) is 6.5%, what

Kaiser Aluminum has a beta of 0.70. If the risk - free rate (R_RF) is 5.0%, and the market risk premium (RP_M) is 6.5%, what is the firm's cost of equity from retained earnings based on the CAPM? Your answer should be between 8.70 and 11.25, rounded to 2 decimal places, with no special characters

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