The BIG company with a 15.3 percent cost of equity is acquiring a competitor, which will increase the BIG company's beta to 1.8. The market risk premium is 9.1 percent and the risk-free rate is 3.6 percent. What effect, if any, will the acquisition have on the BIG's cost of equity capital? Increase of 0.78 percent Decrease of 1.84 percent Decrease of 0.78 percent No effect Increase of 1.84 percent