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

Scandinavian 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 = 1.70. Based on the CAPM approach, what is the cost of equity from retained earnings?

Group of answer choices

12.63%

13.94%

15.24%

10.03%

13.03%

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