Gnomes R Us is considering a new project. The company has a debt-equity ratio of .77. The company's cost of equity is 14.7 percent. and the aftertax cost of debt is 8 percent. The firm feels that the project is fiskier than the company as a whole and that it should use an edjustment factor of +3 percent. a. What is the company's WACC? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9., 32.16. b. What discount rate should the firm use for the project? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9., 32.16