Question: Answer this and give me the correct answer: mework You have the following Information about Burgundy Basins, a sink manufacturer. Equity shares outstanding Stock price

Answer this and give me the correct answer: mework You have the following Information about Burgundy Basins, a sink manufacturer.

mework 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 $ 45 9.5% $ 380 million 5.0% $ 275 million $ 470 million 13.0% 35% Saved t ences Burgundy is contemplating what for the company is an average-risk Investment costing $50 million and promising an annual ATCF of $5.5 million in perpetulty. a. What is the Internal rate of return on the Investment? (Round your answer to 2 decimal places.) Internal rate of return 14.81 % b. What is Burgundy's weighted-average cost of capital? (Round your answer to 2 decimal places.) Weighted-average cost 9.58 96

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