The cost of raising capital through retained earnings is ---------- the cost of raising capital through issuing new common stock.

The cost of equity using the CAPM approach The current risk-free rate of return (rf ) is 3.86%, while the market risk premium is 6.17%. the DAmico Company has a beta of 1.56. Using the Capital Asset Pricing Model (CAPM) approach, DAmicos cost of equity is ---------.