Wk 6 Homework A Saved Help Save & Exit Submit Check my work You have the following information about Burgundy Basins, a sink manufacturer. points Equity shares outstanding Stock price per share Yield to maturity on debt Book value of interest-bearing debt Coupon interest rate on debt Market value of debt Book value of equity Cost of equity capital Tax rate 20 million $ 38 9.5% $ 345 million 4.3% $ 240 million $ 400 million 11.6% 35% eBook References Burgundy is contemplating what for the company is an average-risk investment costing $36 million and promising an annual ATCF of $4.8 million in perpetuity. a. What is the internal rate of return on the investment? (Round your answer to 2 decimal places.) Internal rate of return % b. What is Burgundy's weighted-average cost of capital? (Round your answer to 2 decimal places.) Weighted-average cost %