financed, estimate its cost of capital. The cost of capital is 6. (Round to one decimal place.)

Your firm is planning to invest in an automated packaging plant Harburtin Industries is an all-equity firm that specializes in this business. Suppose Harburtin's equity beta is 0.81 , the risk-free rate is 3.5%, and the market risk premium is 4.90/m If your firm's project is all-equity financed, estimate its cost of capitaL The cost of capital is (Round to one decimal place.)