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please see photos Cost of Equity: CAPM Booker Book stores has a beta of 1.1. The yield on a 3 -month T-bit is 4% and

please see photos
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Cost of Equity: CAPM Booker Book stores has a beta of 1.1. The yield on a 3 -month T-bit is 4% and the yleld on a 10 -year T-bond is 7%. The market risk aremium is 6.5%, and the return on an average stock in the market lat year was 13\%. What is the estimated cost of common equily using the capy? Aound your answer to two decimal places. David Ortiz Motors has a target capital structure of 40% debt and 60% equty. The yield to msturity on the company's outstanding bonds is 7%, and the company's tax rate is 25\%. Ortiz's CFO has calculated the company's WACC as 8.746 . What is the company's cost of equity capital? Round your answer to the neareet whole number

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