I got WACC for 0.05992

(2 marks) The manager of Antarts is considering investing in a new project based on the following information. Antarts' Market Value Balance Sheet (\$ Millions) and Cost of Capital Antarts' New Project Free Cash Flows (Millions) The manager assumes that this new project is of average risk for Antarts and that the firm wants to hold constant its debt to equity ratio. The net borrowing for Antarts' new project at year 2 is closest to: a. \$-22.64 million b. \$-30.06 million c. \$-27.69 million d. \$-27.40 million Clear my choice