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Posted: **Wed Jul 06, 2022 6:45 pm**

: Jailai Cos Stock Has A Beta Of 0 9 The Current Risk Free Rate Is 6 2 Percent And The Expected Return On The Market Is 1 (36.24 KiB) Viewed 20 times

JaiLai Cos. stock has a beta of 0.9, the current risk-free rate is 6.2 percent, and the expected return on the market is 12 percent. What is JaiLai's cost of equity? (Round your answer to 2 decimal places.) Cost of equity T %