15 Sorensen Systems Inc.is expected to pay a $2.50 dividend at year end (D, $2.50), the dividend is expected to grow at a constant rate of 5.50% a year, and the common stock currently sells for structure consists of 45% debt and 55% common equity, what is the company's WACC if all the equity used is from retained earnings? a. 7.07% b. 7.36% c. 7.67% d. 7.98% e. 8.29% Assume a project has normal cash flows. All else equal, which of the following s CORRECT? 16 tatements is a. A project's IRR increases as the WACC declines. b. A project's NPV increases as the WACC declines. .A project's MIRR is unaffected by changes in the WACC d. A project's regular payback increases as the WACC declines. e. A project's discounted payback increases as the WACC declines. Harry's Inc. ls considering a project that has the following cash flow and WACC data. What is the project's NP/? Note that if a project's projected NPV is negative, it should be rejected. WACC: 10.25% Year Cash flows $1,000 $300 $300 $300 $300 $300 a. $105.89 b. $111.47 c. $117.33 d. $123.51 $130.01