Question 9 /1 View Policies Current Attempt in Progress You know that the return of Cullumber Cyclicals common shares is 1.0 times as sensitive to macroeconomic information as the return of the market. If the risk-free rate of return is 2.40 percent and market risk premium is 5.71 percent, what is Cullumber Cyclicals' cost of common equity capital? (Round intermediate calculation to 5 decimal places, e.g. 1.25140 and final answer to 2 decimal places, eg. 15.25 %) Cost of common equity capital eTextbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Send to Gradebook