The common stock has a beta of 1.1. If the risk free rate is 5% and the expected return on the market is 12% what is the companies cost of equity capital?

The Rhaegel Corporation's common stock has a beta of 11. If the risk-free rate is 5 percent and the expected return on the market is 12 percent, what is the company's cost of equity capital? Multiple Choice 18.2% 12.06% 13 21% 12.7% 13.33%