An analyst is trying to determine the capital structure for Big Dawg incorporated. After some careful research, the analyst knows the following: -Big Dawg has 1.72 milion shares of common stock trading today at $18.80 per share. The book value of Big Dawg common stock is $15.00 milion. The cost of equity for the firm is estimated to be 14.00%. -Big Dawg has $7.00 million in fong-term debt on its balance sheet. The debt is trading at 95.00% of face value in the market with a yield to maturity of 9.00%. The tax rate facing the firm is 40.00% What is the WACC for Eig Dawg incorporated? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required Wir accept docimal format rounded to 4 decimal places (ex: 0.0924) A firm has projected the following financials for a possible project: The firm has a capital structure of 35.0036 debt and 65.00% equity, The cost of debt is 0.00%, while the cost of equity is estimated at 12.00\%. The tax rate facing the firm is 40.00\%. Wssume that you can't recover the final NWC position in year 5. 1.e. only consider the change in NWC for each year) What is the WACC for the project? Answer format: Percontage Hound 10:2 decimal places (Example: 9.24%, ib sign required Wip accepr decimal format