Yоu MUST use this Excel file tо аnswer the questiоn below. Fаilure to use the spreаdsheet provided will lead to an automatic 5 point deduction on this question A company called Crypto has an equity cost of capital of 14%, market capitalization of $12 billion and an enterprise value of $16 billion. Suppose the firm’s debt cost of capital is 7% and its tax rate is 20%. The firm maintains a constant D/E ratio. The firm has a project with the following free cash flow (FCF) projections. Year 0 1 2 3 FCF -200 70 90 110 What is the value of the project using the WACC method (2 points) Calculate the value of the project using the APV method and demonstrate that it the same as the value computed using the WACC method. (8 points) You much show calculations of debt capacity, interest tax shield, unlevered and levered firm value to get full credit. Calculate the value of the project using the flow-to-equity (FTE) method and show that it is the same as implied by the WACC and APV method (6 points) Show all your steps to get full credit