Of course, the heat rate of the exhaust gas is straightforward to calculate with that formula. But life is not that simple.
The boiler for the bottoming Rankine cycle won't be 100% efficient - probably far from it.
Whatever you use to turn the heat into power, will have a thermal efficiency of some sort. If the original designer of the gas turbine did a good job, then there won't be much left for the bottoming Rankine cycle to work with, so this could possibly be rather low. The Rankine cycle will have a thermal efficiency that is dependent on the hot-side and cold-side conditions and on the efficiency of the turbine itself and the generating equipment. The thermodynamics textbooks plus literature from equipment suppliers will allow you to estimate what the operating conditions of the Rankine cycle will be, and thus its maximum efficiency. (The real efficiency will probably be lower!)
You will need someplace to reject the low-grade heat from the condenser of the Rankine cycle. Sometimes this is easy ... sometimes it isn't. It is probably associated with a power demand for operating pumps and fans, and watch out for environmental side effects. If you affect the local fish hatchery, look out. If you spread fog over a major motorway next door and there is a major collision with the finger pointed in your direction for producing that fog ... look out. It HAS happened.
You were asked to study the finances. Make sure you consider ALL of the costs and side effects that you possibly can think of, and be aware that there are probably going to be things that you haven't thought of.