Consider the after-tax cash flows below from a project that is being considered by rick and morty Corporation. Since the project is an extension of the firm's current business, it carries the same risk as the overall firm.

Year	0	1	2	3	4	5
Cash Flow	-$430,000	$90,000	$66,000	$104,000	$90,000	$102,000

R and M Corporation's common stock is currently priced at $74.19, and there are 610,000,000 shares outstanding. A dividend of $3.6 per share was just paid, and dividends are expected to grow at a constant rate of 5.56% per year.

The company has 13,580,000 bonds outstanding that mature in 27 years and are currently priced at $1,016 per bond. The coupon rate is 5.64%, and the bonds make semiannual interest payments. The company's tax rate is 29%.

These questions are all related to eachother but seperated for an ease of answer. Please show the work for each step or the calculator functions.

What is R and M Corporation's after-tax cost of equity?

What is R and M Corporation's after-tax cost of debt? (Using a YTM approximation formula to solve this will result in a score of zero for this part of the question. If you found a YTM formula on the internet, it's an approximation. Use a financial calculator instead.)

What is R and M Corporation's weighted average cost of capital (WACC)?

What is the net present value of the project? (Round to the nearest dollar.)

Should the project be accepted? Explain.