Cromwell's Interiors is considering a project that is equally as risky as the firm's current operations. The firm has a cost of equity of 15.4 percent and a pretax cost of debt of 8.9 percent. The debt-equity ratio is .46 and the tax rate is 34 percent. What is the cost of capital for this project?

		12.40 percent
		11.02 percent
		11.62 percent
		11.97 percent
		12.38 percent