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212 Ramblin Wreck is a firm specializing in engineering components. The firm is publicly traded and is considering the following project The project will last

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212 Ramblin Wreck is a firm specializing in engineering components. The firm is publicly traded and is considering the following project The project will last 5.00 years with an annual cash flow of $20.00 million. The project will require an initial investment of $140 00 million The firm must determine the cost of capital to evaluate the project (The project is within the firm's normal activities) Ramblin Wreck, Inc. Financial Data: STOCK DATA: BOND DATA: Current Price Per Share $27.00 Current Price Per Bond 5924.00 # of Shares 2.00 million of bonds 20.000.00 Book Value $50 million Annual Coupon Rate 9.00% Face Value Per Bond $1,000 Maturity 10 years im

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