Homework 13: Cost of Capital Alpha Industries uses the subjective approach to assign discount rates to projects. For a particular project, the subjective adjustment is +9 percent. The firm has a pretax cost of debt of 6.6 percent and a cost of equity of 12.2 percent. The debt- equity ratio is 0.55 and the tax rate is 35 percent. What discount rate should Alpha Industries use for this project? Discount rate=% Allowed attempts: 3 Check