A firm has a capital structure of 100% equity. An analyst wants to estimate the current cost of capital for the firm. He has collected some financial data shown in the table below: FINANCIAL INSTRUMENT RETURN OR YIELD TO MATURITY 90-day Treasury Bill 1.07% S&P 500 Market Index 7.46% The beta for the firm is 1.43. The firm is considering a capital budgeting project that will create a cash flow next year of $519,325.00. The project cash flows will grow by 5.00% each year for a 9.00-year period, and the cost of the project is $3,132,965.00 today. What is an estimate for the current cost of capital? Submit Inimal places (Example: 9.24%, % sign required. Will accept decimal format