The Cost of Equity for Ryan Corporation Is 17 Percent

The cost of equity for Ryan Corporation is 17 percent.The expected return on the market is 12.94 percent,the risk-free rate is 3.5 percent,and the tax rate is 34 percent.What is the company's equity beta?

A) 0.97
B) 1.62
C) 1.18
D) 1.07
E) 1.43