单选题 An analyst does research about capital asset pricing model and gathers the following information about a developing country in which the company is located:

Developing country's equity risk premium	3%
Company's equity beta	0.6
Company's market yield of long-term debt	6%

With respect to the capital asset pricing model, if the market risk premium in the investor's developed country is 10% and the risk-free rate is 3.5%, the cost of equity for this company is closest to:
A. 9.2%
B. 11.3%
C. 16.0%