Steady Company's stock has a beta of 0.21. If the risk-free rate is 5.9% and the market risk premium is 6.9%, what is an estimate of Steady Company's cost of equity? Steady's cost of equity capital is...

Steady​ Company's stock has a beta of

If the​ risk-free rate is

and the market risk premium is

what is an estimate of Steady​ Company's cost of​ equity?

Extracted text: Steady Company's stock has a beta of 0.21. If the risk-free rate is 5.9% and the market risk premium is 6.9%, what is an estimate of Steady Company's cost of equity? Steady's cost of equity capital is %. (Round to one decimal place.)