Green Roof Foods currently has a debt-to-equity ratio of 0.53, its cost of equity is 14.2 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 35 percent, and the risk-free rate is 3.1 percent. The firm's preferred capital structure consists of 35 percent debt. What discount rate should be assigned to a new project the firm is considering if the project is equally as risky as the overall firm and will be financed solely with equity?