Question 18 0/1 pts Consider a hypothetical company X. Below are its relevant information. After that, you will be asked to calculate its firm specific WACC. what is the WACC for company X ? (keep the result in decimal form, not percentage form) Question 24 0/1 pts Firm X is planning on opening a new factory. The initial cost to build the factory is $500 million. The factory will last 8 years and will have a salvage value of $100 million at t=8. It plans to use straight-line depreciation and depreciate the factory toward a book value of $0. Annual sales from the factory are expected to be $300 million, and annual costs (other than depreciation) are $200 million. Additional capital expenditure is not required. Inventories and A/P will immediately rise by $15 million and $30 million, respectively, and remain at these levels until returning to their original levels at the end of the project (t=8). A/R will rise by $20 million after the first year (i.e., t=1 ) and remain at that level until falling back from to original level at the end of the project's life (i.e., t=8 ). Assume the firm's marginal tax rate is 30% and WACC is 10%. What is the IRR of this project, in percentage form? (Keep four decimals; don't round up in steps; don't use dollar sign; don't use thousands separator) -Answer in the percentage form, but don't include the percentage sign