westion $23$

eel Good Corporation stock has a beta of $1\mathrm{.}2.$ The market risk premium is $8\mathrm{.}6$ ercent and the risk$-$free rate is $2\mathrm{.}7$ percent annually. What is the company's cost of quity?

$15\mathrm{.}82\%$

$.9\mathrm{.}53\%$

$7\mathrm{.}08\%$

$9\mathrm{.}78\%$