Find FCF, W_d, W_E, r_{d ,}r_{E, and} WACC below.

Synthetic Appendix Reinsertion Division Projected

Time	0	1	2	3	4
Forecast Sales	$0	$23,500,000	$24,500,000	$25,500,000	$26,500,000
COGS	$0	$14,100,000	$14,700,000	$15,300,000	$15,900,000
Gross Profit	$0	$9,400,000	$9,800,000	$10,200,000	$10,600,000
SG&A	$0	$3,760,000	$3,920,000	$4,080,000	$4,240,000
EBITDA	$0	$5,640,000	$5,880,000	$6,120,000	$6,360,000
Depreciation	-$20,000,000	$0	$0	$0	$0
EBIT	-$20,000,000	$5,640,000	$5,880,000	$6,120,000	$6,360,000
Taxes	-$4,200,000	$1,184,400	$1,234,800	$1,285,200	$1,335,600
EBIT (1-T)	-$15,800,000	$4,455,600	$4,645,200	$4,834,800	$5,024,400
+Depreciation	$20,000,000	$0	$0	$0	$0
CapEx	-$20,000,000	$0	$0	$0	$200,000
Chg in NOWC	-$600,000	$0	$0	$0	$600,000
FCF	-$??,???,???	$?,???,???	$?,???,???	$?,???,???	$5,824,400

ADDITIONAL INFORMATION:

Stock price = $45

# of shares outstanding = 50,000,000

BV ~ MV of interest-bearing debt = $750,000,000

10-year T-note = 3%

Yield Spread = 280 basis points

Tax rate = 21%

Beta = 1.67

Market (Equity) Risk Premium = 5%

Assume capital structure percentages are optimal and will remain the same

COMPLETE THE FOLLOWING:

W_d = 0.??

W_E = 0.??

r_d = ?.??%

r_E = ?.??%

WACC = ?.???%

Synthetic Appendix Reinsertion Division

NPV $???,???

IRR ?.??%

MIRR 8.33%