Suppose the domestic beta of IBM is 1 (ie. AMCanada-1). The expected return on the S&P TSX is 12%. The Canadian T-bill rate is 6%. If the world beta measure of IBM is B.BMworld-0.8, then we can say that if the Canadian markets are fully integrated with the rest of the world, IBM's cost of equity capital will be than if Canadian markets are segmented. A) B) C) D) 20% lower 10% lower 10% higher 1.2% higher