17.69% 21.55% QUESTION 8 Which of the following is NOT a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting? O Preferred stock. Accounts payable. Common stock. Long-term debt. Retained earnings. QUESTION 9 A company's perpetual preferred stock currently sells for $76 per share, and pays an annual dividend of $5.00. In issuing the preferred shares, the company incurs flotation costs of 5%. The company's cost of preferred stock is % (to two decimal places) QUESTION 10 Rayray Records stock currently sells for $105.00 per share. The dividend is projected to increase at a constant rate of 5.00% per year. The require rate of return on the stock, s, is 0.00%. What is the stock's expected price 3 years from today? $118.11 $90.70 Click Save and Submit to save and submit. Click Save All Anwesto save alla * Question Completion Status: O 17.69% 21.55% QUESTION 8 Which of the following is NOT a capital component Preferred stock. Accounts payable. Common stock. Long-term debt. Retained earnings. QUESTION 9 A company's perpetual preferred stock currently sells company incurs flotation costs of 5%. The company's