ABC Corp. has a market value of debt to equity ratio of 15 le, market value of debt to market value of equity ratio 15. its book value of debt to equity ratio (book value of debt to book value of equity is 05. The firm's bonds have a low credit rating with an annual coupon rate of 8. The current yield to maturity of its bonds is 6. The company has an equity beta of 2 and a debt bets of 0.6 Assume that the risk free interest rates and expected market risk premium is ABC Corplaces a tax rate of 2% suppose tsmanagement is considering a project that has the Same risk and same financing mox as the firm. The cost of capital for the project is Instruction: Type ONLY your numerical answer in the unit of percentages up is already there. Round to the nearest two decimal place el your answer is 10.130 then loput 10.14