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Newgen Corporation's current beta 1.25. The market risk premium is 8% and the risk-free rate is 2%. If the company beta rises to 1.50, how

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Newgen Corporation's current beta 1.25. The market risk premium is 8% and the risk-free rate is 2%. If the company beta rises to 1.50, how much will the cost of equity rise? O a. 18.12% O b. 15.25% 14.85% O d. 15.79% 16.55% Newgen Corporation's current beta 1.25. The market risk premium is 8% and the risk-free rate is 2%. If the company beta rises to 1.50, how much will the cost of equity rise? O a. 18.12% O b. 15.25% 14.85% O d. 15.79% 16.55%

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