Consider the following information regarding corporate bonds:

Rating	AAA	AA	A	BBB	BB	B	CCC
Average Default Rate	0.0%	0.1%	0.2%	0.5%	2.2%	5.5%	12.2%
Recession Default Rate	0.0%	1.0%	3.0%	3.0%	8.0%	16.0%	48.0%
Average Beta	0.05	0.05	0.05	0.10	0.17	0.26	0.31

Galt Industries has a market capitalization of $50 billion, $30 billion in BBB rated debt, and $8 billion in cash. If Galt's equity beta is 1.15, then Galt's underlying asset beta is closest to:

Select one:

A. 0.83

B. 0.92

C. 1.00

D. 1.15