4. Company XYZ is preparing a business plan. They expect to make a profit of $22884 in year 1, $113195 in year 2, and continue growing at the same rate until year 6. What is the growth rate implied in this forecast?

4a. Your company is considering the purchase of a new machine. After 4 years of operation, you would sell the machine for a salvage value of $79223. However, at that time the machine would not have been depreciated to a value of 0, but have a remnant book value of $29386. The operation of the machine requires additional NOWC of $21053, which would not change throughout the project. The firm's corporate tax rate is 40%. What is the project's Terminal Cash Flow?

4b. A company has $99 million in outstanding bonds, and 10 million shares of stock currently trading at $39 per share.The bonds pay an annual coupon rate of 8% and is trading at par. The company's beta is 1, its tax rate is 40%, the risk-free rate is 2%, and the market risk premium is 4%. What is this firm's WACC?