Venus Inc. is considering investing in the hotel business. The company has a WE ratio ot1.3. a betoretax cost of debt of 3%, and a marginal tax rate of 35%. Luxury Hotels is a publicly traded company that operates only in the hotel industry. The company has a DIE ratio ot1.8. an equity beta of 0.9, and marginal tax rate of 32%. The riskfree rate is 6% and expected market risk premium is 7%. The weighted average cost of capital that Venus |nc should use to evaluate the risk of entering the hotel industry is closest to: O A. 3.53% O B. 7.57% O (17.96% O D. 9.70%