3 2 You have the following information about Burgundy Basins, a sink manufacturer Facts and assumptions 4 Equity shares outstanding 20,000,000 5 Stock price per share $40 6 Yield to maturity on debt 7.50% 7 Book value of interest bearing debt $320,000,000 8 Coupon interest rate on debt 4.80% 9 Market value of debt $290,000,000 10 Book value of debt 500,000,000 11 Cost of equity capital 1496 12 Tax rate 35% 13 Burgundy is contemplating what for the company is an average-risk investment costing S40 million and promising an annual after tax cash 14 flow of 6.4 million in perpetuity. 15 a. What is Burgundy's weighted average cost of capital 16 17 18 PLEASE SHOW THE BREAK DOWN IN EXCEL SO I CAN FULLY UNDERSTAND HOW TO DO THIS. THANK YOU