Zonk Corp. the Following Data Pertains to Zonk Corp., a Manufacturer of Manufacturer

Multiple Choice

Zonk Corp.
The following data pertains to Zonk Corp., a manufacturer of ball bearings (dollar amounts in millions) :
Assuming that riskless rate is 4.6% and the market premium is 7.3%, calculate Zonk 's cost of equity capital:

A) 10.4%
B) 7.69%
C) 11.89%
D) 8.28%