Using the assumption of perfect capital market Answer the following question: Bensaireen CO at the end of the year is expected to have EPS of 55, the firm has an asset beta of 0.8 and the current return on the market is 11% with a risk free rate of 4.9% What is the current cost of capital for the firm, using the firm beta? Please write your answer in decimal format, for example an answer of 10% should be written at 0.1 or 1 or.10