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Kaiser Aluminum has a beta of 0.70. If the risk-free rate ( RRF ) is 5.0%, and the market risk premium (RPM) is 6.7%, what

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Kaiser Aluminum has a beta of 0.70. If the risk-free rate ( RRF ) is 5.0%, and the market risk premium (RPM) is 6.7%, 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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