Question 1.72 0.11 You are given the following information about a company: Equity Beta Debt Beta Market Capitalization Outstanding Debt Risk-free Cash Investment $21 billion $13 billion $6 billion You are given that the risk-free is 3% and the market risk premium 7%. Assume that the firm's cash investment is risk-free. Determine the firm's asset cost of capital. Possible Answers A Less than 11.5% B At least 11.5%, but less than 12.0% At least 12.0%, less than 12.5% D At least 12.5%, but less than 13.0% E At least 13.0%