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1 8 points You have the following information about Burgundy Basins, a sink manufacturer. Equity shares outstanding Stock price per share Yield to maturity

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1 8 points You have the following information about Burgundy Basins, a sink manufacturer. Equity shares outstanding Stock price per share Yield to maturity on debt Book value of interest-bearing debt Coupon interest rate on debt Market value of debt Book value of equity eBook Cost of equity capital Tax rate 20million $ 49 6.5% $ 400 million 5.4% $ 295 million $ 510 million 13.8% 35% Print References Burgundy is contemplating what for the company is an average-risk investment costing $58 million and promising an annual ATCF of $5.9 million in perpetuity. a. What is the internal rate of return on the investment? (Round your answer to 2 decimal places.) Internal rate of return O % b. What is Burgundy's weighted-average cost of capital? (Round your answer to 2 decimal places.) Weighted-average cost %

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