Anadolu Efes is a producer of beer and non-alcoholic beverages with a capital structure of 35% debt and 65% equity. The debt sells at par and pays an interest of 10%. Its share has a beta of 0.9. Assume that Anadolu Efes pays 21% tax.

a. Calculate Anadolu Efes's cost of equity capital. Assume a 4% risk-free rate and 10% market premium.

(Intermediate calculations should not be rounded. Enter your answer as a percent rounded to 2 decimal places.)

b. Calculate the WACC of Anadolu Efes. Assume a 4% risk-free rate and 10% market premium.

(Intermediate calculations should not be rounded. Enter your answer as a percent rounded to 2 decimal places.)

c. Should Anadolu Efes approve a project with an IRR (internal rate of return) of 10% assuming that the project has the same amount of risk as the current firm?

Anadolu Efes is a producer of beer and non-alcoholic beverages with a capital structure of 35% debt and 65% equity. The debt sells at par and pays an interest of 10%. Its share has a beta of 0.9. Assume that Anadolu Efes pays 21% tax. a. Calculate Anadolu Efes's cost of equity capital. Assume a 4\% riskfree rate and 10% market premium. (Intermediate calculations should not be rounded. Enter your answer as a percent rounded to 2 decimal places.) b. Calculate the WACC of Anadolu Efes. Assume a 4\% risk-free rate and 10% market premium. (Intermediate calculations should not be rounded. Enter your answer as a percent rounded to 2 decimal places.) c. Should Anadolu Efes approve a project with an IRR (internal rate of return) of 10% assuming that the project has the same amount of risk as