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$1,500,000. c. Answer the following questions while considering Star's current capital structure and you answers to part (b). Be sure to explain your answers. (1)

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$1,500,000. c. Answer the following questions while considering Star's current capital structure and you answers to part (b). Be sure to explain your answers. (1) How much long-term debt can Star use before affecting its cost of common stock? (2) What is the maximum amount of financing that Star can raise without using the more expensive new common stock? (3) In part (b), why were you not asked to calculate Star's WACC when long-term debt is less than $450,001 and common stock equity is greater than $1,500,000? d. Regardless of Star's WACC, rank the projects according to most attractive to least attractive and explain your ranking procedure. e. Based on the current capital structure and each of the financing scenarios below, determin which investment opportunities Star should undertake. Explain your answers. (1) Long-term debt of $450,000. (2) Common stock equity of $750,000. (3) Common stock equity of $1,500,000. (4) Long-term debt of $1,000,000

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