Nestl of Switzerland Revisited. Nestle 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 0.46%. The Swiss equity markets have been averaging 810% returns, while the Financial Times global equity market returns, indexed back to Swiss francs, stands at 8.41%. Nestl's corporate treasury staff has estimated the company's domestic beta at 0.906 , but its global beta (against the larger global equity market portfolio) at 0.468 a. What is Nestl's cost of equity based on the domestic portfolio for a Swiss investor? b. What is Nestls cost of equity based on a global portfolio for a Swiss investor? a. What is Nestle's cost of equity based on the domestic portfolio for a Swiss investor? % (Round to two decimal places)