As a financial economist, you want to evaluate the impact of the economic crisis induced by the Covid-19 pandemic on financing costs. To do this, you focus on three companies: - Netflix has an unlevered beta of 0.26, a debt-to-equity ratio of 3.77. - Tesla has an unlevered beta of 0.15, a debt-to-equity ratio of 4.87. - Apple has an unlevered beta of 0.43, a debt-to-equity ratio of 2.17. The corporate tax rate for all companies is 21 percent. Assume that the market risk premium has increased, and the riskless rate has not changed due to the crisis. Based on this information, which of the following statements are correct regarding the cost of capital for these companies during the crisis? I. Netflix's cost of equity has increased more compared to Tesla. II. Apple's equity investors require a higher return compared to Netflix and Tesla. III. To experience the same increase in cost of equity as Apple, Tesla should decrease its debt-to-equity ratio. OA II and III OB. I and II OCI, II and III OD. Only II OE I and