What is the weighted average cost of capital for Qinetiq?

Qinetiq plc. makes full body scanners for airport security systems. The Transportation Security Administration (TSA) is considering ordering 100 such machines at a total cost of $20 million. To ramp up production for the order Qinetiq is considering building a new factory. To evaluate the new factory project, Qinetiq needs to estimate its cost of capital. Review the following information and answer the questions that follow to help Qinetiq with its analysis. Debt Number of bonds outstanding Face value Maturity Coupons Market price Tax rate Equity Market price Shares outstanding- Beta Risk-free rate- Expected return on market- S43 8 million 1.55 7% 11% 150,000 $1,000 2 years 6% paid annually $1,010.27 32%