Determine IRR for the following a) to b) show work

Perry's Products, a privately-held company, has two operating divisions: Steel, which accounts for 60% of firm value; and, Oil, which accounts for 40% of firm value. Perry's Products is financed with debt ($8 million) and equity {$4 million); the equity has a beta of 2.30. Perry's Products has gathered the following data on two competing firms, each of which is very similar to the corresponding division of Perry's: Assume the debt of ALL companies is risk-free. Further, assume the risk-free rate of return is 4%, the expected return on the market portfolio is 10%, and the standard deviation of return on the market portfolio is 20%. Calculate the Weighted Average Cost of Capital (WACC) of Perry's Products. Perry's Products' Oil division is considering a project with the following expected cash flows: What is the Internal Rate of Return (IRR) of this project (to the nearest percent)? As judged by the IRR method, is this a good project or a bad project? Briefly justify your