gnomes r u

Gnomes R Us is considering a new project. The company has a debt- equity ratio of 82 indicating that they have $ 82 of debt for each $1.00 equity. The company's cost of equity is 14.7 percent, and the aftertax cost of debt is 8.0 percent. The firm feels that the project is riskier than the company as a whole and that it should use an adjustment factor of +2 percent. The weight (percent) of debt is: The weight (percent) of equity is: The aftertax cost of debt is: What is the company's WACC? What discount rate should the firm use for the project