find debt capacity showing all steps . Dont use excel

Suppose Alcatel-Lucent has an equity cost of capital of 9.9%, market capitalization of $9.80 billion, and an enterprise value of $14 billion. Suppose Alcatel-Lucent's debt cost of capital is 6.9% and its marginal tax rate is 34% a. What is Alcatel-Lucent's WACC? b. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the expected free cash flows as shown here. ? c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)? a. What is Alcatel-Lucent's WACC? Alcatel-Lucent's WACC is 8.30% (Round to two decimal places.) b. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the expected free cash flows as shown here. ? The NPV of the project is $ 90.45 million (Round to two decimal places.) c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)? The debt capacity of the project in part(b) is as follows: (Round to two decimal places.) 0 1 2 Debt capacity $ million million million million Year 0 Data Table (Click on the icon located on the top-night comer of the data table below in order to copy its contents into a spreadsheet.) Year 0 1 2 3 FCF ($ million) -100 4 8 104 73 Print Done