second question only please

Caspian Sea Drinks is considering the purchase of a new water filtration system produced by Rube Goldberg Machines. This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $12.00 million fully installed and will be fully depreciated over a 20 year life, then removed for no cost. The RGM-7000 will result in additional revenues of $3.00 million per year and increased operating costs of $637,115.00 per year. Caspian Sea Drinks' marginal tax rate is 35.00%. If Caspian Sea Drinks uses a 9.00% discount rate, then the net present value of the RGM-7000 is Submit Answer format: Currency: Round to: 2 decimal places. Caspian Sea Drinks' is financed with 61.00% equity and the remainder in debt. They have 10.00-year, semi-annual pay. 5.25% coupon bonds which sell for 97.90% of par. Their stock currently has a market value of $24.79 and Mr. Bensen believes the market estimates that dividends will grow at 3.44% forever. Next year's dividend is projected to be $2.10. Assuming a marginal tax rate of 32.00%, what is their WACC (weighted average cost of capital)? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))