Exercise #1: Regal Industries has the following capital structure. Its corporate tax rate is 35%. Security Book Value Market Value Weight Cost Debt $18 million $20 million [1] 6% Common stock $27 million 50 million [2] 14% Compute the weight accurate to min 6 decimals to use in subsequent calculations. Enter the weight as a decimal in Canvas, e.g. 43.22% as 0.4322, not percent, accurate to 4 decimals, since Canvas cuts off at 4. However, use min 6 decimal accuracy in the subsequent calculation. A. Compute WACC = - [3]........% Enter WACC as percent, e.g. 13.2221% as 13.2221, not as 0.1322 B. Regal is evaluating a project costing $48,000 which will generate $10,000 for 6 years. It will require an increase of $2,000 in NWC at the outset, but no recapture. Should Regal accept the project? NPV = $ .[4]. Accept