McCann Catching, Inc. has 3.00 million shares of stock outstanding. The stock currently sells for $12.71 per share. The firms debt is publicly traded and was recently quoted at 92.00% of face value. It has a total face value of $15.00 million, and it is currently priced to yield 8.00%. The risk free rate is 4.00% and the market risk premium is 8.00%. Youve estimated that the firm has a beta of 1.17. The corporate tax rate is 37.00%. The firm is considering a $46.35 million expansion of their production facility. The project has the same risk as the firm overall and will earn $11.00 million per year for 8.00 years.

What is the WACC for McCann Catching, Inc.?

What is the NPV of the expansion? (answer in terms of millions, so 1,000,000 would be 1.0000).

(pls show your work, thanks)