Suppose Alcatel-Lucent has an equity cost of capital of 9.7%, market capitalization of $11.52 billion, and an enterprise value of $16 billion. Suppose Alcatel-Lucent's debt cost of capital is 7.5% and its marginal tax rate is 32%. 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)? Suppose Alcatel-Lucent has an equity cost of capital of 9.7%, market capitalization of $11.52 billion, and an enterprise value of $16 billion. Suppose Alcatel-Lucent's debt cost of capital is 7.5% and its marginal tax rate is 32%. a. What is Alcatel-Lucent's WACC? b. If Alcatel-Lucent maintains a constant debt-equity ratio, what is the value of a project with average risk and the expected free cash flows as shown here, ? c. If Alcatel-Lucent maintains its debt-equity ratio, what is the debt capacity of the project in part (b)? (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) n Year FCF ($ million) 0 - 100 1 46 2 95 3 72