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Ramblin Wreck is a firm specializing in engineering components. The firm is publicly traded and is considering the following project The project will last 5,00

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Ramblin Wreck is a firm specializing in engineering components. The firm is publicly traded and is considering the following project The project will last 5,00 years with an annual cash flow of $40.00 million. The project will requfre ari inital investment of \$140.00 million The firm must determine the cost of capilal to evaluate the project (The project is within the firm's normal activities) Ramblin Wreck Inc. Financial Data STOCK DATA: Current Price Per share A of shares Book. Value BOND DATA: $29.00 Cument Price Per Bond 2.00 milion of bonds $50 millon Annuat Coupon Rate Face Value Per Bond Maturity. $924.00 20,000.00 8.005 $1,000 10 years The risk free rate in the economy is currently 200%, while investors have a market nsk premium of 8.00% Ramblin. Wreck inc has a beta of 1.47 . The tax rate is 4000% What is the WACC for the project

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