The Aardvark Corporation is considering launching a new product and is trying to determine an appropriate discount rate for evaluating this new product. Aardvark has identified the following information for three single division firms that offer products similar to the one Aardvark is interested in launching:

Comparable Firm	Equity Cost of Capital	Debt Cost of Capital	Debt-to-Value Ratio
Anteater Enterprises	12.50%	6.50%	50%
Armadillo Industries	13%	6.10%	40%
Antelope Inc.	14%	7.10%	60%

Required: Based upon the three comparable firms, calculate the most appropriate unlevered cost of capital for Aardvark to use on this new product.