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43. Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data:

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43. Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF: 4.10%; RPM 5.25%; and b 1.30. Based on the CAPM approach, what is the cost of equity from retained earnings? a. 9.67% b. 9.97% c. 10.28% d. 10.60% e. 10.93%

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