Atlantic Coast Pty Ltd, an Australian listed company, has 5 000 000 ordinary shares outstanding and the current market price per share is $6.50. The required rate of return for the ordinary shares is estimated to be 11%. They have issued bonds with a face value of $15 000 000, but the current market value based on a yield to maturity of 7% is $14 950 233. If the corporate tax rate is 30%, what is the weighted average cost of capital assuming an imputation tax system? Assume all registered shareholders are Australian residents and all dividends are fully franked. Select one: O a. 7.06% Ob.6.33% O c. 7.93% d. 6.75% e. 6.82% Ben Lake Enterprises is currently considering a project that will produce cash inflows of $3500 a year for three years followed by $1200 a year for two more years. The cost of the project is $10 000. What is the profitability index if the discount rate is 7%? Select one: O a. 1.10 b. 0.98 C. 0.96 d. 1.06 e. 1.00