please complete the blanks

Nally, Inc., is considering a project that will result in initial aftertax cash savings of $4.2 million at the end of the first year, and these savings will grow at a rate of 2.5 percent per year indefinitely. The firm has a targetdebt-equity ratio of .25, a cost of equity of 13.1 percent, and an aftertax cost of debt of 6.4 percent. Thecost-saving proposal is somewhat riskier than the usual project the firm undertakes; management uses thesubjective approach and applies an adjustment factor of +2 percent to the cost of capital for such riskyprojects. Requirement 1: Calculate the WACC. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) WACC % Requirement 2: What is the maximum cost Nally would be willing to pay for this project? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Present value $_______