ABC Corporation is a publicly traded company that specializes in aircraft parts production. The company's debt-to-equity ratio is 1/7 and it plans to maintain the same debt-to-equity ratio indefinitely. ABC firm's debt is riskless, and its equity beta is 1.8. The risk-free rate is 5%, and the market risk premium is also 5%. The corporate tax rate for ABC firm is 30%. Suppose that ABC is trying to decide whether to start producing solar panels. It plans to finance this new projects with 40% of debt and 60% of equity. The cost of the debt for the new project is 6%. There are two publicly traded electric solar panels manufacturers in the market: Auxin and First Solar. Auxin's debt-to-equity ratio is 1/2. Its debt beta is 0.3, and its equity beta is 1.4. First Solar's debt-to-equity ratio is 1/3. Its debt beta is 0.1, and its equity beta is 1.7. What discount rate should ABC use to discount the cash flows from its solar panel project? ABC Corporation is a publicly traded company that specializes in aircraft parts production. The company's debt-to-equity ratio is 1/7 and it plans to maintain the same debt-to-equity ratio indefinitely. ABC firm's debt is riskless, and its equity beta is 1.8. The risk-free rate is 5%, and the market risk premium is also 5%. The corporate tax rate for ABC firm is 30%. Suppose that ABC is trying to decide whether to start producing solar panels. It plans to finance this new projects with 40% of debt and 60% of equity. The cost of the debt for the new project is 6%. There are two publicly traded electric solar panels manufacturers in the market: Auxin and First Solar. Auxin's debt-to-equity ratio is 1/2. Its debt beta is 0.3, and its equity beta is 1.4. First Solar's debt-to-equity ratio is 1/3. Its debt beta is 0.1, and its equity beta is 1.7. What discount rate should ABC use to discount the cash flows from its solar panel project