You have been asked to calculate the WACC for a new project and you have decided to use the pure play method. You determine the capital structure is 75% equity and 25% debt (i.e., E/(D+E) = 0.75). To get the cost of debt for the project you plan to use an annual bond with the following characteristics: Price is $1,000, Coupon rate is 5%, face value is $1,000 and it has 10 years to maturity. To get the cost of equity for the factory you plan to use the pure-play method and information from the following comparable firm: The comparable firms Beta (BL) is 1.5; its tax rate is 20%, and its D/E is 1.00. The T-bond rate is 1.00%, the market risk premium (MRP) is 5%, and the tax rate for your company is 25% What is the beta you would use in the CAPM to get the cost of equity for the project? What is the pre-tax cost of debt? What is the WACC?