How do you solve the NPV in part 2-a?

Wk 4 - Apply: Assessment [due Day 7] @ Submitted Part 1 Peter Johnson, the CFO of Homer Industries, Inc is trying to determine the Weighted Cost of Capital (WACC) based on two different capital structures under consideration to fund a new project. Assume the company's tax rate is 30%. 90.25/95 Component Scenario 1 Scenario 2 Cost of Capital Tax Rate points awarded Debt $5,000,000.00 $2,000,000.00 8% 30% Preferred Stock 1,200,000.00 2,200,000.00 10% Scored Common Stock 1,800,000.00 3,800,000.00 13% Total $8,000,000.00 $8,000,000.00 1-a. Complete the table below to determine the WACC for each of the two capital structure scenarios. (Enter your answer as a whole percentage rounded to 2 decimal places (e.g. .3555 should be entered as 35.55).) Scenario 1 Scenario 2 Scenario 1 Scenario 2 Weighted Weighted Cost of Weight % Weight % Tax Rate Cost Cost Capital Debt 62.50% 25.00% 3.50% 1.40% 8% 30% Preferred Stock 15.00% 27.50% 1.50% 2.75% 10% Common Stock 22.50% 47.50% 2.93% 6.18% 13% Total 100.00% 100.00% 7.93% 10.33% 1-b. Which capital structure shall Mr. Johnson choose to fund the new project? O Scenario 10 O Scenario 2Part2 Assume the new project's operating cash flows for the upcoming 5 years are as follows: ' Initial Outlay | 5 300000000 | Inflow year 1 | 1.020.000.00 | Inflow year 2 j 1.850.000.00 lnflow year 3 196000000 | Inflow year 5 | 2.550.000.00 | WACC | ? 2a. What are the WACC [restated from Part 1). NPV. IRR. and payback years of this project? {Negative values should be entered with a minus sign. All answers should be entered rounded to 2 decimal places. Your answers for WACC and IRR should be whole percentages [e.g. .3555 should be entered as 35.55\" '1mm: (from Part 393% o \"P\" 419,066.22 0 5.15% Payback Method 4.31 o 2-b. Shall the company acceptor reject this project based on the outcome using the net present value [NPV) method? Project A should be accepted Project A should be rejected 0