Halestorm corporation’s common stock has a beta of 1.14. assume the risk-free rate is 4.9 percent and the expected return on the market is 12.4 percent. required: what is the company’s cost of equity

Halestorm corporation’s common stock has a beta of 1.14. assume the risk-free rate is 4.9 percent and the expected return on the market is 12.4 percent. required: what is the company’s cost of equity capital?