Use the following information to solve

Measure Renovations Inc. is considering an investment project that will initially cost $1,350,000 and generate after-tax cash flows of $475,000 per year for the next four years. The risk-free rate in the market is 2.25 percent, the company has a beta of 1.82, and the expected market return is 12.60 percent. The firm's outstanding bonds each have a face value of $1,000, mature in 26 years, have a coupon rate of 8.5 percent, and pay interest semiannually. There are 140,000 bonds outstanding with each bond currently trading at 118 percent of face value. In addition, the firm has 450,000 shares of common stock outstanding that are trading at $108 per share. The firm also has 165,000 shares of 13.25 percent preferred stock outstanding that are trading at $129 per share. The preferred stock has a face value of $100. Assume the corporate tax rate is 21 percent.

What is the weight of debt?

What is the weight of equity?

What is the weight of preferred?

What is the cost of equity?

What is the cost of preferred stock?

What is the after-tax cost of debt?

What is the weighted average cost of capital?

What is the net present value of this project?

What is the internal rate of return of this project?

What is the profitability index of this project?

What is the payback period of this project?

What is the discounted payback period of this project?