Suppose Alcatel-Lucent has an equity cost of capital of 10.7%, market capitalization of $10.35 billion, and an enterprise value of $15 billion. Suppose Alcatel-Lucent's debt cost of capital is 7.2% and its marginal tax rate is 35%. a. What is Alcatel-Lucent's WACC? b. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the expected free cash flows as shown here, ? c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)? Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Year FCF ($ million) 0 - 100 2 102 3 75 54