Question: Question 4 5 pts Jesse Corp.'s stock has a Beta of 0.80. The risk-free rate is 5%, and the expected market return is 13%. The

Question 4 5 pts Jesse Corp.'s stock has a Beta of 0.80. The risk-free rate is 5%, and the expected market return is 13%. 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.

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