The net working capital required for the project is given by the following data: Days sales ouBtanding will be 30 days [out of a 360 day cycle ) and based entirely on annual revenues , while days payable outstanding will be 45 days {out of a 360 day cycle 1, and will only be relevant for labor costs (not for C065 or any other expenses ]. Inventory will be 3'96 of COGS each year. Assume net working capital is U as of today, and fully recovered by the end of the project [on December 31, 2030]. 3] Please forecast the free cash flows for the project. b} Please calculate the weighted average cost of capital for the project (:1: Suppose free cash flow were to increase by 15% at the end of the first year [i.e. December 31, 2021]: because of an x% increase in revenues. Assume all other information in the problem remains the same {so Accounts Receivables will be based on the new revenues]. Please solve for it. Question 3" [It points] ClJ'bei Dumplings is a famous dim sum restaurant chain . The company has total debt outstanding of 300 million dollars .and the cost of debt is 4%. The debt interest payments are perpetual , and have a beta of D. The firm's perpetual EBIT is TD million dollars , its assets are fully depreciated , and the tax rate is 30%. Qibei Dumplings rcurrent value of equity is 400 million dollars . The firm's next cash flow will occur at the end of the year. The upected market return every year is 10%. Compute the equity beta for this firth. If there is not enough information to calculate this value ,please explain whyJand dcribe the information you would need in order to calculate this value . Question 8 [3 points ] Plastics R' Us, a rm owned by Xiaolin , has expected annual earnings before interest and taxes of $44 million per year . Expected annual depreciation is 5? million , while the annual capital expenditure is $9 million .Cash ows are expected to continue perpetually .w'rth no growth . Its cost of debt is the riskfree rate. The corporate tax rate is 40%. Erofeev Inc., a conglomerate owned by Nikita, has the following market value balance sheet: Assets Liabilities Plastic production assets 2 $300 million Debt 2 $400 million Gil drilling assets 2 STUD million Equity 2 $500 million We know a few other things about Erofeev Inc. Its equity beta is 1.2. the beta of oil drilling assets is 1. and the market value of the debt is priced at the risk free rate of 6.0%.The market risk premium is 4%. Both rms maintain constant debt tovalue ratios over time. a] What is the equity beta for Plastics R' Us? b} What is the asset beta for Plastics R' Us? If there is insufficient information to answer these questions , please explain what additional information you would need in order to answer these questions