Compute the June 20xx Cost of Capital (Rounded to Nearest

Compute the June 20xx cost of capital (rounded to nearest percent) for an investment center with the following information: $\begin{array}{|l|c|}\hline \text { Pre-tax operating income for June } 20 \mathrm{xx} & \$ 17,500,000 \\\hline \text { Assets at June } 30,20 \mathrm{xx} & \$, 200,000 \\\hline \text { Current liabilities at June } 30,20 \mathrm{xx} & 4,000,000 \\\hline \text { Long-term liabilities at June } 30,20 \mathrm{kx} & 1,500,000 \\\hline \text { Income tax expense for June 30, 20:x } & 5,000,000 \\\hline \text { EVA } & 11,940,000 \\\hline\end{array}$

A) 10 percent
B) 25 percent
C) 13 percent
D) 17 percent