Manzetti Foods, an Australian food processing and distribution company is considering an investment in Germany. You are in Manzott's corporate finance department and are responsible for deciding whether to undertake the project. The expected free cash flows, in euros, are un correlated to the spot exchange rate and are shown Year Free cash flow ( million) -22 13 5 10 11 The new project has similar dollar risk to Manzetti's other projects. The company knows that its overall dollar WACC is 11.94% so it feels comfortable using this WACC for the project. The risk-free interest rate on dollars is 327% and the risk free interest rate on euros is 2.91% 0 1 2 3 The company's euro WACC is % (Enter your response as a percent rounded to three decimal places.)