The up and coming corporation's common stock has a beta of 1.05. if the risk-free rate is 5.3 percent and the expected return on the market is 12 percent, up and coming's cost of equity is percent. (do not include the percent sign (%). round your answer to 2 decimal places. (e. g., 32.16))

The advantage of administering personality tests on employees is that it will allow the employer to know the mindset and personality of the employee. this will allow the employer to at least have an idea as to how the employee works and how his attitude in the workplace. the disadvantage is that it may make the employee a little anxious as to whether he would meet the personality requirements of the employer and whether he would be able to retain the job or not.