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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

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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 beta is 0.66 . The risk-free rate is 6.6% and you believe the market risk premium to be 5.4%. What is your best estimate of investors' expected return on your company's stock (its cost of equity capital)? The expected return is \%. (Round to two decimal places.) 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 beta is 0.66 . The risk-free rate is 6.6% and you believe the market risk premium to be 5.4%. What is your best estimate of investors' expected return on your company's stock (its cost of equity capital)? The expected return is \%. (Round to two decimal places.)

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