Question: 5 pts Question 4 Jesse Corp:s stock has a Beta of 0.64. The risk-free rate is 5%, and the expected market return is 12%. The

 5 pts Question 4 Jesse Corp:s stock has a Beta of

5 pts Question 4 Jesse Corp:s stock has a Beta of 0.64. The risk-free rate is 5%, and the expected market return is 12%. The firm's cost of common equity, Re, is_ %. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round any intermediate work in the process. Margin of error for correct responses: +/-.03

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