Your company has an equity cost of capital of 10%, debt cost of capital of 6%, market capitalization of $10B, and an enterprise value of $14B. Your company pays a corporate tax rate of 35%. Your companymaintains a constant debt-to-equity ratio. a)What is the (net) debt value of your company? (Hint:Net debt = DExcess cash) b)What is the(net)debt-to-equity ratio of your company? c)What is the unlevered cost of capital of your company?(Hint:When a firm has a target leverageratio, its unlevered cost of capital is equal to the pretax WACC = D/(D+E) E[rD] + E/(D+E) E[rE] d)What is WACC with taxes of your company? Your company is considering a new project. The project costs $100M in year 0, generates free cash flows over the next three years, and becomes obsolete afterwards. The expected after-tax free cash flows from the project are summarized in the table below:

Year	0	1	2	3
FCF in $M	-100	50	100	70

The new project has the same market risk as the company. Your company will maintain the same debt-to equity ratio for the new project. e) What is the unlevered value of the new project? (Hint: Do NOT include year 0 FCF in this calculation.) f) What is the levered value of the new project? (Hint: Do NOT include year 0 FCF in this calculation.) g) What is the total NPV of the project including the NPV of the financing?