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The required return on the stock of Moe's Pizza is 10.8 percent and aftertax required return on the company's debt 53.40 percent. The company's market

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The required return on the stock of Moe's Pizza is 10.8 percent and aftertax required return on the company's debt 53.40 percent. The company's market value capital structure consists of 69 percent equity. The company is considering a new project that is less risky than current operations and it feels the risk adjustment factor is minus 9 percent. The tax rate is 25 percent. What is the required return for the new project? Multiple Choice 10.14% 6.61% 10.41% 6.34%

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