Kirk's Laundry just paid a dividend of $4.40, and their common stock is priced at $64.10 per share. There are 465,000 shares of common stock outstanding, and dividends are expected to grow at 3.93 percent annually. Calculate the required return on equity.

Requity= %

Kirk's Laundry has 229,000 shares of 8.00 percent preferred stock outstanding, with a par value of $100 and a market price of $42.86. What is the company's cost of preferred stock?

Rpreferred= %

Kirk's Laundry has 24,000 bonds outstanding, . The bonds pay a 9.20 percent semiannual coupon, mature in 6 years, and currently sell at 79 percent of par. Calculate the company's required return on debt.

Rdebt= %

Kirk's Laundry faces a tax rate of 21 percent. What is the company's WACC? (Round the cost of equity, cost of preferred stock, and cost of debt to two decimal places, as required above XX.XX%).

WACC = %

Kirk's Laundry is considering offering a new product. This product requires an investment of $134,000 in new fixed assets and $26,000 in net working capital, all of which is recoverable at the end of the project. The fixed assets will be depreciated straight-line to zero over the 4-year life of the project. The company spent $10,000 to hire a consult to estimate the potential costs and revenue associated with this project. The consultant projects the product will produce annual sales of $98,300 with annual costs of $58,400. At the end of the project, the company should be able to sell the fixed assets for $25,400.

As noted earlier, the company's tax rate is 21 percent.

What is the project's operating cash flow?

OCF =

Identify the cash flows at the start and end of the project.

CF0= $

CF4=

What is the project's net present value? (Round the WACC to two decimal places before using, i.e. XX.XX%)

NPV =

Please answer all parts not just one