Brewsters is considering a project that is equally as risky as the firms current operations. The firm has a cost of equity of 13.7 percent and a pre tax cost of debt of 8.4 percent. The debt equity ratio is .65 and the tax rate is 36 percent. What is the cost of capital for this project?

A. 9.97 percent

B. 10.42 percent

C. 11.38 percent

D. 11.62 percent