Please answer the following questions accordingly, will thumbs up if done correctly:)

9. Turtle Co. has a debt-to-equity ratio of 0.5. The company is considering building a new plant for $50 million. When the company issues new equity, it incurs a flotation cost of 10%. The flotation cost on new debt is 3%. Calculate the cost of the plant, including flotation costs. (Round to 2 decimals)

19.

The Rare Find Co. has the following information:

Debt outstanding: $1,200 million

The before-tax cost of debt: 6%

Market cap: $3,400 million

Cost of common stock: 12%

Tax rate: 21%

Rare Find is evaluating a project with the following information:

Over the next seven years, EBIT will equal 26.5 million each year

An investment of $75 million is required in net working capital at the beginning of the project, which will be recovered at the end.

The equipment cost will be $152.5 million, depreciated using straight-line to zero over the project's life, with no salvage value.

The project requires an additional 2% risk premium above the firm's WACC.

Calculate the operating cash flows for the first year of the project. (Enter the full value, e.g. 5 million as 5,000,000)

20. Calculate the net present value for the project. (Enter the total value, e.g. 5 million as 5,000,000 and round to 2 decimals)

THANK YOU IN ADVANCE!! Please try to use excel in showing your work!!