[Question (10)-(18) are sharing the same information] After the recent emissions iswagen is considering a new marketing project to improve its brand imago. You want to find the NPV of this project using three different mothods. ROUND ANSWERS TO 2 DECIMA PLACES - Volkswagen's DIE rotio is 2 and the firm plans to keep this ratio fixed. - Volkswagen's cost of debt is 4%. Under the current capital structure, the firm's cost of equily is 12%. - Volkswagen's corporate tax rate is 45%. Given the information above, the project has the following free cash flows: PART I: WACC mothod Assume that Volkswagen's WACC can be used to discount free cash flows from this marketing project. Here, what is the implicit assumption we make about the project