can you answer this question for me please and using Excel sheet ?

EXTRA CREDIT: 5 points. (Graded separately from exam score) Laika is might take on a new animation project which would cost $10 million dollars and generate cash flows of $5 million over the next 3 years. The project's risk is lower than the risk of the company's current assets. The company's current equity beta is 2.15 and its debt-to-equity ratio is 1/2. The YTM on company debt is 9% and the company's marginal tax rate is 40%. The risk-free rate is 4% and the market risk premium is estimated at 5%. To reflect the risk of this project, the company will reduce their WACC by 1 percentage point. What is the discount rate Laika should use for this project? Choose the best