Nestl of Switzerland Revisited. Nestl of Switzerland is revisiting its cost of equity analysis. As a result of extraordinary actions by the Swiss Central Bank, the Swiss bond index yield (10-year maturity) has dropped to a record low of 0.45%. The Swiss equity markets have been averaging 8.00% returns, while the Financial Times global equity market returns, indexed back to Swiss francs, stands at 8.48%. Nestl's corporate treasury staff has estimated the company's domestic beta at 0.847 , but its global beta (against the larger global equity market portfolio) at 0.489 . a. What is Nestl's cost of equity based on the domestic portfolio for a Swiss investor? b. What is Nestl's cost of equity based on a global portfolio for a Swiss investor? a. What is Nestl's cost of equity based on the domestic portfolio for a Swiss investor? % (Round to two decimal places.) b. What is Nestl's cost of equity based on a global portfolio for a Swiss investor? % (Round to two decimal places.)