Question 34 (1 point) "Maple Leaf Foods" is a small, privately owned wholesale food distributor, where the owner has all of her wealth invested in the business. The unlevered beta for publicly traded wholesale food distributors is 1.8500 and average R-squared of the market regressions for these companies is 34.5000%. If "Maple Leaf Foods" has no debt, what is the cost of equity for "Maple Leaf Foods"'s owner? (The risk-free rate is 3.15% and the equity risk premium is 4.25%) a) 16.54% b) 25.94% c) 14.17% d) 31.50% e) 6.61%