Equity Share 20 million Stock price per share $40 Yield to maturity date 7.5% Book value of interest-bearing debt $320 million Coupon interest rate on debt 4.8% Market value of debt $290 million Book value of equity $500 million Cost of equity 14% Tax rate 35% If the company is contemplating what for the company is an average-risk investment costing $40 million and promising an annual after-tax cash flow of $6.4 million in perpetuity: 1)What is the internal rate of return? 2) What is the WACC? 3) If undertaken, would you expect this investment to benefit shareholders? Why or why not