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 $ 37 5.5% 5 340 million 4.2% $ 235 million $ 390 million 11.4% 35% Burgundy is contemplating what for the company is on average-risk investment costing $34 million and promising an annual ATCF of $4,7 million in perpetuity 1. What is the internal rate of return on the investment? (Round your answer to 2 decimal places.) intomal rate of return Tax rate 11.4% 35% Burgundy is contemplating what for the company is an average-risk investment costing $34 million and promising an annual ATCF of $4.7 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 %