Company Valuation: "Bourne Genetic Laboratories is evaluating a project that is forecast to generate initial after-tax cash savings of $1.63 million at the end of the first year. The first year has a target debt-equity ratio of .65, a cost of equity of 12 percent, and an after-tax cost of debt of 6.8 percent. What is the Weighted-Average Cost of Capital (WACC), and under what Specific Circumstances should the company accept the project? Company Valuation: "Bourne Genetic Laboratories is evaluating a project that is forecast to generate initial after-tax cash savings of $1.63 million at the end of the first year. The first year has a target debt-equity ratio of .65, a cost of equity of 12 percent, and an after-tax cost of debt of 6.8 percent. What is the Weighted-Average Cost of Capital (WACC), and under what Specific Circumstances should the company accept the project