The Financial Director of Jennifer Enterprise is considering investing in a building project costing GHS 150,000. The following cash flows are expected from the project. The beta of the project is 1.15 and the market return is 18%. The risk free rate is 12%. Year 0 1 2 3 4 GHS (150,000) 50,000 55.000 90,000 105.000 a) What is the expected return/cost of equity on this project? b) Mabel Enterprise is a levered entity with percentage of debt to equity ratio of 4:6. If the interest rate on a bank loan is 20% and the cost of equity is as computed in (a), calculate the Weighted Average Cost of Capital (WACC) of Jennifer Enterprise c) What is the NPV of the investment? d) What is the IRR for the project? e) What will be your overall advice concerning viability of the project