WACC calculation and analysis

Use market values of Santos ltd from annual report of $2023.$ However, where market values for debt is not available, you may use the book value.

How does the calculated cost of capital confirm your observation of the market$$s reaction to the capital projects when announced by the company?

What is your assessment of the cost of capital on the company$$s current capital projects identified in section $2\mathrm{.}3?$