A company has $50,000 of debt outstanding has 10,000 shares outstanding and a stock price of $20. If the unlevered beta is 0.80, debt is risk-free (beta of zero) and the marginal tax rate is 20%, what is the company's levered beta?

Select one:

A. 0.75

B. 0.80

C. 0.85

D. 0.90

E. 0.96