Enter WACC as percent, e.g. 13.2221% as 13.2221, not as 0.1322

Exercise #3: The tax rate is 30. Debt trades at 108, has 10 years to maturity and has an annual coupon of 6%. The market value of debt is three times higher than that of equity. The cost of equity is 12%. What is WACC? WACC = [6]. .........% (1.5pts) The company is looking at a project with the IRR equal to 7.8%. Should the company accept it? Accept? ...yeso.....[7]............... (0.5pts)