The cost of equity using the CAPM approach

The current risk$-$free rate of return $($rRF

$)$ is $4\mathrm{.}67\%$ while the market risk premium is $5\mathrm{.}75\%.$ The Allen Company has a beta of $0\mathrm{.}92.$ Using the capital asset pricing model $($CAPM$)$ approach, Allen$$s cost of equity is