this is wrong, please help

1 Problem 13-1 Calculating Cost of Equity 125 points The Nixon Corporation's common stock has a beta of 1.6. If the risk-free rate is 6.1 percent and the expected return on the market is 11 percent, what is the company's cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Cost of equity 37.73 % capital