When calculating the after-tax weighted average cost of capital (WACC), which of the following costs are adjusted for taxes in the equation?

Manta Lasers Co., a mid-sized tech manufacturer specializing in precision laser equipment, has spent the past two years in R&D developing a new, highly efficient industrial laser designed for use in surgical manufacturing and aerospace applications. Based on successful prototype testing and positive early interest from potential clients, the company is now considering moving forward with production.The required upfront investment for production and launch is $1,075,000.Drawing from historical data and market analysis, the firm has forecasted the following annual free cash flows from the project over the next six years (after all operating and capital expenses):Year 1 to Year 6: $200,000, $250,000, $275,000, $300,000, $350,000,  and $400,000. If the company’s cost of capital is 11.85%, what is the Net Present Value (NPV) of this investment? Hint: Enter your answer rounded to two decimal places.

Manta Lasers Co., a mid-sized tech manufacturer specializing in precision laser equipment, has spent the past two years in R&D developing a new, highly efficient industrial laser designed for use in surgical manufacturing and aerospace applications. Based on successful prototype testing and positive early interest from potential clients, the company is now considering moving forward with production.The required upfront investment for production and launch is $1,250,000.Drawing from historical data and market analysis, the firm has forecasted the following annual free cash flows from the project over the next six years (after all operating and capital expenses):Year 1 to Year 6: $200,000, $250,000, $275,000, $300,000, $350,000,  and $400,000. If the company’s cost of capital is 15.85%, what is the Net Present Value (NPV) of this investment? Hint: Enter your answer rounded to two decimal places.

The ________ starts at the time production begins and ends with the collection of cash from the sale of the product.

McNamara Hotels has 750,000 bonds outstanding, each with a $1,000 face value and 10 years to maturity. The bonds pay semi-annual coupon payments at an annual coupon rate of 8.77%. Currently, the bonds are trading on the secondary market at $1,062 per bond. The company has no other debt outstanding.What is the company’s annual cost of debt?Hint: Enter your answer as a percentage rounded to two decimals. Note: this is not an accounting question—I’m not looking for interest expense in dollars.

McNamara Hotels has 750,000 bonds outstanding, each with a $1,000 face value and 10 years to maturity. The bonds pay semi-annual coupon payments at an annual coupon rate of 6.46%. Currently, the bonds are trading on the secondary market at $912 per bond. The company has no other debt outstanding.What is the company’s annual cost of debt?Hint: Enter your answer as a percentage rounded to two decimals. Note: this is not an accounting question—I’m not looking for interest expense in dollars.

The weighted average cost of capital is ________.

Manta Lasers Co., a mid-sized tech manufacturer specializing in precision laser equipment, has spent the past two years in R&D developing a new, highly efficient industrial laser designed for use in surgical manufacturing and aerospace applications. Based on successful prototype testing and positive early interest from potential clients, the company is now considering moving forward with production.The required upfront investment for production and launch is $970,000.Drawing from historical data and market analysis, the firm has forecasted the following annual free cash flows from the project over the next six years (after all operating and capital expenses):Year 1 to Year 6: $200,000, $250,000, $275,000, $300,000, $350,000,  and $400,000. If the company’s cost of capital is 9.45%, what is the Net Present Value (NPV) of this investment? Hint: Enter your answer rounded to two decimal places.

McNamara Hotels has 750,000 bonds outstanding, each with a $1,000 face value and 10 years to maturity. The bonds pay semi-annual coupon payments at an annual coupon rate of 9.12%. Currently, the bonds are trading on the secondary market at $1,092 per bond. The company has no other debt outstanding.What is the company’s annual cost of debt?Hint: Enter your answer as a percentage rounded to two decimals. Note: this is not an accounting question—I’m not looking for interest expense in dollars.

Highland Courier Co. is a premium magical delivery service that specializes in secure, high-speed transport of rare goods—like spell scrolls, enchanted herbs, and royal messages—across the mountainous kingdoms. The company is planning to invest in a new griffin-powered delivery fleet, which will cost $7,850,000 upfront, including training, saddles, and a lifetime supply of enchanted salmon feed.The company projects that the griffin fleet will generate stable annual cash flows of $1,850,000 over the next 6 years, after accounting for all expenses, including griffin care, flight permits, and beak polishing. What is the internal rate of return (IRR) for this investment? Hint: Enter your answer rounded to two decimal places.