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

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You have risen through the ranks of a coffee company, 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 both is 0.53. The risk tree rate is 3.6% and you believe the market risk premium to be 5.5% What is your best estimate of investors' expected refum on your company's stock cost of equity capital? The expected retums x (Round to two decimal places)

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