The Up and Coming Corporation's common stock has a beta of 1.1. If the risk-free rate is 3.5 percent and the expected return on the market is 13 percent, what is the company's cost of equity capital? (Do not round your intermediate calculations.)

rev: 09_20_2012

	14.65%
	14.51%
	13.95%
	17.8%
	13.25%