13 PLEASE USE ONE OF THE FORMULAS PROVIDED

Cost of Common Equity kcs=PcsD1+g CostofPreferredEquitykps=PpsDivps Cost of Debt After-tax cost of debt = Yield-to-Maturity * (1 tax rate ) Weighted Average Cost of Capital (WACC) Company Whiskey is looking at a project requiring a $12,000 investment which, in turn, will generate the following cash flows: year- 1$1,750; year- 2$4,000; year- 3$5,200; year- 4$10,000. The firm's cost of capital is 10.5%. What is the discounted payback period or this project? 3.9 years 3.1 years This project does not have a payback 3.5 years