You have been hired as a consultant by feludi Inc.'s CFO, who wants you to help her estimate the cost of capital. You have been provided with the following data: risk free rate = 4.10%; market risk premium= 5.25%; and beta of the stock = 1.1. Based on the CAPM approach, what is the cost of common equity?

A) 9.67%

B) 9.88%

C) 10.93%

D) 10.28%