(CHAPTER 18) A company would like to figure out if an 8-year project is worth it. The company is in the 34% income tax bracket. Here's what else is known: If it doesn't use a loan If it uses a loan Even more information: Treasury bill rate = 3%. It is a proxy for the riskless asset. Market portfolio expected return = 10% Project's initial cost: $700,000 Project's after-tax cash flow: $180,000 per year Beta of the company's equity = 1.2 Required return on the company's equity = 11.4% 40% of the initial cost would be covered with an interest-only riskless loan The company would like to use the WACC approach to evaluate this levered project. According to this approach: [Select] RWACC = (Weight of levered equity) x (Cost of levered equity) + (1 - Tc) x (Weight of debt) x (Cost of debt) In this formula, weight of levered equity = [Select] Weighted Average Cost of Capital The resulting RWACC = , Tc = [Select] [Select] cost of levered equity [Select] , and cost of debt = [Select] . Increase the decimal places in all intermediate steps to 6 or even more. The more the better! Only round your final numeric answers to TWO decimal places. , weight of debt =