1. Problem 10.12 (WACC) eBook Empire Electric Company (EEC) uses only debt and common culty. It can borrowed amounts at an teste 10 sfogaritetits troint chia structure, which is for 35% debt and 65% common equity, its last dividend (O). 53.00, is expected constant growth rates and common stock sels for $26. Et tax rate is 25 w projects available: Project A has a rate of return of 139, and Project B's return is 1256. These two projects are equally nisky and about as ricky as the firm's existing assets . What is its cost of common cuity? Do not round stermecate calculations. Round your answer to two decimal places b. What is the WACC? Do not round intermediate calculations. Hound your answer to two orcionar peces Which projects should Empire accept? Grade it Now Save & Continue Continue without in