Coffee East Inc. has 100 million outstanding shares trading at $30 per share. It also has $2 billion in outstanding debt with 8% coupon rate trading at par. Equity beta is 1.4, the risk-free rate is 4% and the market risk premium is 5%. The corporate tax rate is 25%. 3.1 Calculate Coffee East Inc. weighted average cost of capital. 3.2 Coffee East Inc. considers a major westward expansion project (similar risk to the current assets). The project will require an immediate investment of $250 million and will produce a pre-tax perpetual cash flow of $80.0 million per year, starting next year. Should Coffee East accept the project? Show numerically why they should or should not accept the project