You are attempting to estimate the cost of capital for BHI company using a multifactor linear model. You estimate the first two (and only) betas at B1 = 0.89 and B2 = 1.39. At the same time, you estimate the risk premia for each of these respective factors to be 4.6% and 4.8% per annum. If the one-year US Tbill is trading at 99.4, what is the annual expected cost of capital for BHI using this model? [Please give your answer in decimals. 5.2 will be interpreted as 5.2%] Answer: 110.17