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You have risen through the ranks of a coffee comany, from the lowly green-apron barista to the coveted black apron, and all the way to

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You have risen through the ranks of a coffee comany, from the lowly green-apron barista to the coveted black apron, and all the way to CFO. A quick internet check shows that your company's beta is 0.53. The risk-free rate is 4.9% and you believe the market risk premium to be 5.4%. What is your best estimate of investors expected retum on your company's stock (its cost of equity capital? The expected retum in % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer All parts showing Clear All Check

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