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Digitcom Corporation has debt with both a face and a market value of $5,700,000. This debt has a coupon rate of 5.5 percent and interest

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Digitcom Corporation has debt with both a face and a market value of $5,700,000. This debt has a coupon rate of 5.5 percent and interest annually. The expected earnings before interest ays and taxes are $2,200,000, the tax rate is 25 percent, and the unlevered cost of capital is 11.4 percent. What is the firm's cost of equity? 14.62% 14.46% 14.24% 14.05% 13.87%

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