The common stock of Contemporary Interiors has a beta of 1.13 and a standard deviation of 21.4 percent. The market rate of return is 12.7 percent and the risk-free rate is 4.1 percent. What is the cost of equity for this firm?

		14.40 percent
		11.76 percent
		12.08 percent
		13.82 percent
		13.05 percent