test inc has listed entity wants to build a sports stadium worth $ 1 million for its local county.ABC inc. raises $ 500,000 via debt issue at a post tax cost of debt of 5%.The firm also raises $ 300,000 via equity issues.The remaining $ 200,000 is raised via donation by the community patrons.If the risk-free rate is 5%, ABC's beta is 1.2, market risk premium is 5% and tax rate is 30%, estimate the cost of capital for building the sports stadium.