2. The market value of NPU Ice Creamery equity is $8 million and the market value of its debt is $6 million, with book value of debt at $2 million and book value of equity at $2.5 million. The CFO estimates that the beta of the stock current is 1.43 sad that the expected risk premium on the market is 894. The Treasury bill rate is 3%. Required: a) What is the required rate of return on NPU Ice Creamery stock? b) Estimate the Weighted Average Cost of Capital assuming a tax rate of40%