Stephenson Co$.$ currently uses no debt, but its new CFO is considering changing the capital structure to

$30\mathrm{.}0\%$ debt by issuing bonds and using the proceeds to repurchase and retire some common stock at

Book Value. Given the data shown below, what would be the levered beta?

Risk$-$free rate, rRF $5\mathrm{.}00\%$ Tax rate, T $35\%$

Market risk premium, RPM $8\mathrm{.}00\%$ Current debt ratio $0\%$

Current beta, bU $2\mathrm{.}25$ Target debt ratio $30\%$

a$.3\mathrm{.}61$

b$.2\mathrm{.}99$

c$.2\mathrm{.}88$

d$.2\mathrm{.}53$

e$.2\mathrm{.}45$