If BJK were an all-equity company, it would have a beta of 1.2. The company has a target debt-equity ratio of 0.30. The expected return on the market portfolio is 15%, and risk-free rate is 6%. The company has 1 bond issue outstanding that matures in 10 years and has an 8% annual coupon rate. The bond has a face value of 100. The corporate tax rate is 24%. a) Draw a cashflow diagram and show the bond's cashflows. What is the current price of the bond if the cost of debt (Yield to Maturity) is 10%? b) What is the company's cost of equity? c) What are the debt-to-value and the equity-to-value ratios? d) What is the company's WACC (weighted average cost of capital)? e) The company is considering investing in a project that would cost 36 million. The expected cash flows from this investment are 10 million per annum for the next 5 years. Use the WACC to determine whether the company should accept the project.