A company named Tech Titans Ltd is considering a new project. To estimate the cost of equity for the project, Tech Titans is looking at two comparable firms, Innovation Inc. and Digital Dynamos Plc. Tech Titans Ltd. has a debt-to-equity ratio of 0.8. Innovation Inc. has a debt-to-equity ratio of 0.5 and a beta of 1.2, while Digital Dynamos Plc has a debt-to-equity ratio of 1 and a beta of 1.6. Assume that the risk-free rate is 3%, the market risk premium is 7%, and the tax rate for all firms is 25%. Compute the cost of equity for Tech Titans Ltd.