You are trying toestimate the cost of equity for B&T Inc. The beta of B&T is 1.55, the risk free rate is 2.53%, and the expected return on the market portfolio is 5.45%.Using the CAPM estimate the cost of equity for B&T. Express the cost of equity in percent and round to two decimals (do not include the %-symbol in the answer).

Question 3 5 points Save Answer You are trvinz to estimate the cost of equitv for B&T Inc. The beta of B&T is 1.55, the risk free rate is 2.53%, and the expected return on the market portfolio is 5.45%. Using the CAPM estimate the cost of equity for B&T. Express the cost of equity in percent and round to two decimals (do not include the %symbol in your answer)