In Class #6 - Beta and Leverage Lego Inc. had decisded to invest in a new project, the manufacturing of widgets. Lego Inc., plans to issue 60% debt and 40% equity to fund this project. Their only competitor, Blocks Inc., has the following characteristics: its beta on equity is 1.5, and the debt-to-value ratio is 40%. The risk free interest rate is 10%, and both Lego and Block can borrow at that rate. The historical Market Risk Premium is 8.6% and the corporate tax rate is 34%. How would you determine the project's cost of capital (WACC) for Lego