A proposal is being investigated regarding the construction of a new power plant. A one-off land costs $590000 A one-off building costs $970000, A one-off equipment costs $540000, The annual operating cost of the power plant is estimated to be $95000 starting at the end of year 1 that last forever, One major overhaul is required every year, starting at the end of year 1 at a cost of $89000 that last forever. To fund the initial land, building and equipment cost, 51% of the initial cost will be acquired from selling shares, with share holders expecting 6.6% of annual return, and the remaining will be acquired via financing with annual interest rate of 4.1%. You may assume a corporate tax rate of 30%. The estimated weighted average cost of capital (WACC) is % p.a.. Leave your answer as a positive value with 2 decimal places. Using another estimate of WACC of 3.7% p.a., the capitalised cost of this project is $ millions. Leave your answer as a positive value with 2 decimal points