2. (20 points) A telephone company needs to finance a project to expand its services for $ 28,000,000 dollars. The Financial Planning Department of this company has informed the investing public that the financing amounts will be obtained as follows:

-Indebtedness for $ 19 million dollars, of which 15 million dollars will be obtained through a bank credit with a cost of 12.5% after taxes, and the rest of the debt through the placement of a bond issue, which has a 15% cost after taxes. -The rest of the required financing will be obtained from capital contributions from the company's partners, who observe a risk-free rate of 4.1%, a risk profile of 1.40 and a market rate of return of 6.5%.

a) Estimate the weighted average cost of capital (WACC) of the project.

a) Estimate the weighted average cost of capital (WACC) of the project.

Answer: