Suppose Alcatel-Lucent has an equity cost of capital of 10.4 % , market capitalization of $ 10.22 billion, and an enterprise value of $ 14.0 billion with a debt cost of capital of 5.9 % 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 following expected free cash flows? Year 0 1 2 3 FCF ($ million) negative 100 45 105 75 c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)?