You have the following information about Burgundy Basins, a sink manufacturer. 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 $ 33 8.5% $ 320 million 3.8% $ 215 million $ 350 million 10.6% 35% Burgundy is contemplating what for the company is an average-risk investment costing $26 million and promising an annual ATCF of $4.3 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 %