Ivy Aerodynamics uses the Capital Asset Pricing Model to estimate its cost of equity. The firm's beta was estimated at 1.5. The TSX has returned 7.25% to investors over a fairly long period of time. Treasury bills are currently providing investors with a 1.90% yield. What is the cost of equity under the CAPM? Select one: O a. 10.02% Ob. 7.25% c. 9.93% O d. 10.35%