QUESTION 10 WX Inc had to delay the sale of the common stock for six months. When the company finally did sell the stock, the risk free rate had fallen to 3% but the expected return on the market had risen to 13%. What was the effect on the cost of equity by waiting six months? Note that the original cost of equity was 11.2% Assume a .90 beta. O A. The new cost of equity is 13.5% which is an increase of 2.3% over the original cost of equity B. The new cost of equity is 12.0% which is an increase of .8% over the original cost of equity OC. The new cost of equity is 13.8% which is an increase of 2.6% over the original cost of equity D. The new cost of equity is 14.5% which is an increase of 3.3% over the original cost of equity E. The new cost of equity is 15.5% which is an increase of 4.3% over the original cost of equity