please answer both

QUESTION 7 The Fontent Company's cost of common equity is 15 percent, its before-tax cost of debt is 11 percent, and its marginal tax rate is 40 percent. The stock sells at book value. Using the following balance sheet calculate Fontenot's WACC Assets Liabilities and Equity Cash $ 230 210 340 2.220 $3.000 Loni tems debt Common equity Total liabilities and equity $1,335 1.665 $3.000 Accounts receivable Inventones Net plant and equipment Total Da, 10.2896 6. 10.80% OC 13.229 O d. 7.93% e. 11.26% QUESTIONS Suppose a firm has estimated its weighted average cost of capital (WACC) to be 9%. A reasonable estimate of the cost of capital for a project with below average risk might be... a. 119 6.79 C9%