Noble Tech Inc. uses the Capital Asset Pricing Model $($CAPM$)$ to estimate its cost of equity. Based on the current market condition, the best estimate on the risk$-$free rate is $3\mathrm{.}6\%,$ and the market risk premium is $6\%.$ If the company's beta equals $1\mathrm{.}4,$ then using CAPM, Noble Tech's cost of equity is $q,($Write your answer as a decimal with three decimal places. For example, if your answer is $4\mathrm{.}6\%,$ write $0\mathrm{.}046$ in the box$).$