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Titman Industries has a levered cost of equity of 14.2%. Titman's borrowing interest rate is 7% per annum and corporate tax rate is 30%. If

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Titman Industries has a levered cost of equity of 14.2%. Titman's borrowing interest rate is 7% per annum and corporate tax rate is 30%. If Tasgrid expects to maintain a debt to equity ratio of 2 , then Titman's unlevered cost of capital RO is closest to: A. 10% p.a. B. 15.2% p.a. C. 6.8% p.a. D. 16.6% p.a. E. None of the above

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