Georgia Movie Company has a capital structure with 44.00% debt and 56.00% equity. The cost of debt for the firm is 10.00%, while the cost of equity is 12.00%. The tax rate facing the firm is 38.00%. The firm is considering opening a new theater chain in a local college town. The project is expected to cost $12.00 million to initiate in year 0 . Georgia Movie expects cash flows in the first year to be $3.02 million, and it also expects cash flows from the movie operation to increase by 4.00% each year going forward. The company wants to examine the project over a 13.00 -year period. What is the WACC for this project? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, \% sign required. Wil accept decimal format rounded to 4 decimal places (ex: 0.0924)) Georgia Movie Company has a capital structure with 44.00% debt and 56.00% equity. The cost of debt for the firm is 10.00%, while the cost of equity is 12.00%. The tax rate facing the firm is 38.00%. The firm is considering opening a now theater chain in a tocal colege town. The project is expected to cost $12.00 miltion to initiate in year 0 . Georgia Movie expects cash fiows in the first year to be $3.02milh, and it also expects cash fows from the movie operation to increase by 4.00% each yoar going forward. The company wants to examine the project over a 13.00 -year period. What is the NPV of this project? (exprets answer in millons, 901,000,000 would be 1,00 ) Answer format: Currency: Round to: 2 docimal places McCann Catching, Inc. has 3.00 million shares of stock outstanding. The stock currently sells for $12.91 per share. The. firm's debt is pubticly traded and was recently quoted at 91.00% of face vatue, it has a total face value of $20.00 million, and it is currently priced to yeld 10.00%. The risk free rate is 4.00% and the market risk premium is 8.00%. You ve estimated that the firm has a beta of 1.27. The corporate tax rate is 39.00% : The firm is considering a $47.01 miltion exponsion of their production faclity. The project has the same risk as the firm overall and will earn $10.00 million per year for 8.00 years. What is the cost of equity? Answer format: Percentage Found to: 2 decimal places (Example: 9.24%,26 sign required. Wul accept docimal format rounded to 4 decimal otaces (ox: 0.0924 )