(2 pts) As CEO of UOs UFO business, youve been presented with a lucrative business opportunity. However, before considering it, you need to figure out what your cost of capital is. A report from your finance team says that the market risk premium is 6% and the risk-free rate is 1.5%. You know that your tax rate will be 30% this year and your bonds have a yield-to- maturity of 3%. A quick look at the historical beta for your company reveals it has a beta of 1.7. Finally, your head of accounting has told you that you currently have $9,000,000 in equity, $2,000,000 in cash, and $8,000,000 in debt. What must be the cost of capital?