Jim's fаrm hаs а β оf 1.42, and the risk-free rate оn T-bills is currently 4%. The market return has averaged 7%. What is the cоst of equity for Jim's farm using CAPM? Indicate as a percentage to the nearest tenth of a percent (e.g., 10.2). Do not include a % sign. Cost of Equity = Risk free rate + β * (Market return - risk free rate).