Palantir Corp with a beta of 0.74 has 1.4 million common shares outstanding and currently trades at $20 per share. It also has $5 million of debt in book value but trades at 93% of book value in the market. If the Risk-free rate is 4%, risk premium=7%, Yield to Maturity on debt is 11% and Tax rate is 40%, what is the cost of capital of this company?