Partial credit will be given if you give the wrong answer but show the correct formula. A firm has the following capital structure: 1. Bonds with market value of $4,000,000 2. Preferred Stock with a market value of $1,500,000 3. Common stock, of which 300,000 shares is outstanding. Presently, each common stock is selling at $20 per share The preferred stock price per share is $60 and pays a $7 dividend. Common stock shares sell for $20 and pay a $2 dividend. Dividends for common stock are expected to grow by 3%. Bond price is $950, and the bond coupon rate is 6.5%. The bonds mature in 7 years. The firm's tax rate is 38%. The company has $5,000,000 in sales, and expenses of $3,800,000. The initial investment of $5,500,000 will be depreciated straight-line over 10 years. The project is expected to last 10 years. WACC-10.06% 2. What is the firm's Operating Cash Flow (OCF)? 3. Using the WACC is the NPV, using the WACC (use the answer from question 1 above), and OCF (use the answer from question 2 above)? 4. Based on your answer to question #3, would you accept or reject the project? Explain why