Steady Company's stock has a beta of 0.24 . I the risk-free rate is 6.1% and the market risk premium is 7.1%, what is an es6mate of Steady Company's cost of equit?? Steady's cont of equity captali is Y. (Round to one decimal place.) HighGrowth Company has a stock phice of $20. The firm wili pay a dividend next year of $1.11, and its dividend is expected to grow at a rate of 4.2% per year thereatine. What is your estimate of HighGrowthis cost of equily capitar? The required return (cost of capital) of levered equity is \%. (Round to one decimal place.)