You know that the return of Sheridan Cyclicals' common shares is 1.70 times as sensitive to macroeconomic information as the return of the market. If the risk-free rate of return is 3.50 percent today and market risk premium is 5.71 percent, what is Sheridan Cyclicals' cost of common equity capital? (Round intermedlote calculation to 4 decimal ploces, es. 1.25140 and final answer to 2 decimal places, es. 15.25%3 Cost of common equity capital