Please submit your answers to the following questions in Excel file format (i.e., as an Excel file). . You have the following initial information on Financeur Co. on which to base your calculations and discussion for questions 1) and 2): Current long-term and target debt-equity ratio (D:E) = 1:3 Corporate tax rate (Tc) = 30% Expected Inflation = 1.55% Equity beta (e) = 1.6325 Debt beta (p) = 0.203 Expected market premium (rm-rf) = 6.00% Risk-free rate (rf) = 2.05% 1) The CEO of Financeur Co., for which you are CFO, has requested that you evaluate a potential investment in a new project. The proposed project requires an initial outlay of $7.25 billion. Once completed (1 year from initial outlay) it will provide a real net cash flow of $556 million in perpetuity following its completion. It has the same business risk as Financeur Co.'s existing activities and will be funded using the firm's current target D:E ratio. a) What is the nominal weighted average cost of capital (WACC) for this project? (1 marks) b) As CFO, do you recommend investment in this project? Justify your answer (numerically). marks)