please show calculations for part c in depth

Suppose Alcatel-Lucent has an equity cost of capital of 10.3%, market capitalization of $11.68 billion, and an enterprise value of $16 billion. Suppose Alcatel-Lucent's debt cost of capital is 7.5% and its marginal tax rate is 34%. a. What is Alcatel-Lucent's WACC? b. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the expected free cash flows as shown here, c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)? a. What is Alcatel-Lucent's WACC? Alcatel-Lucent's WACC is 8.86 %. (Round to two decimal places.) b. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the expected free cash flows as shown here, ? The NPV of the project is $ 87.48 million. (Round to two decimal places.) i X Data Table c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)? The debt capacity of the project in part (b) is as follows: (Round to two decimal places.) (Click on the following icon in order to copy its contents into a spreadsheet.) Year 0 1 2 3 Debt capacity $ million $ million $ million $ million 0 1 2 3 Year FCF ($ million) - 100 54 100 69 Suppose Alcatel-Lucent has an equity cost of capital of 10.3%, market capitalization of $11.68 billion, and an enterprise value of $16 billion. Suppose Alcatel-Lucent's debt cost of capital is 7.5% and its marginal tax rate is 34%. a. What is Alcatel-Lucent's WACC? b. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the expected free cash flows as shown here, c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)? a. What is Alcatel-Lucent's WACC? Alcatel-Lucent's WACC is 8.86 %. (Round to two decimal places.) b. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the expected free cash flows as shown here, ? The NPV of the project is $ 87.48 million. (Round to two decimal places.) i X Data Table c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)? The debt capacity of the project in part (b) is as follows: (Round to two decimal places.) (Click on the following icon in order to copy its contents into a spreadsheet.) Year 0 1 2 3 Debt capacity $ million $ million $ million $ million 0 1 2 3 Year FCF ($ million) - 100 54 100 69