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opis You have the following assets available to you: Asset Expected Return Riskless debt 2.4% 11% Portfolio of small cap stocks Portfolio of large cap

opis You have the following assets available to you: Asset Expected Return Riskless debt 2.4% 11% Portfolio of small cap stocks Portfolio of large cap stocks Portfolio of growth stocks 7.3% 10.5% Portfolio of value stocks 8.3% S&P500 index fund 9.8% What is the cost of equity for a firm with a market beta of 0.9, a SMB beta of 3.4, and a HML beta of 0.7? You may assume this firm has an alpha of zero. Please give your answers to four decimal places - an answer of 9.54% would be represented as 0.0954

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