A project costs $$500$M$.$ It will provide additional revenue of $60$M per year for $25$ years while also costing $15$M per year to run. It will require an addition to net working capital of $18$M for the life of the project. Project will be depreciated straight line to zero over the project$$s life. The tax rate is $20\%.$ The investment is expected to be sold for scrap for $$16$M at the end of the project. Let the T$-$bill rate be $1\%,$ the company$$s beta is $1\mathrm{.}4.$ Let the market risk premium be $6\%.$ The preferred dividend is $$6.$ The company has $150,000$ bonds priced at $$965.$ The coupon rate is $6\%$ and the time to maturity is $15$ years. The company has $100,000$ shares of preferred priced at $$85.$ The company has $5$M shares of common priced at $$85.$ The company$$s dividends growth at $2\mathrm{.}5\%$ per year. The next dividend is $$4.1)$ What is cost cost of equity using CAPM model? $2)$ What is cost of equity using dividend growth model? $3)$ What is the cost of equity that is arithmetmic average of CAPM and dividend growth models? $4)$ What is cost of debt? $5)$ What is cost of preferred? $6)$ What is market value of equity?