8. Planet Foods has an overall cost of capital of 14%. The company is considering the following projects: Projecte A Beta 1.35e 0.70 IRR (actual project return) 16% 12% Be The T-bill rate is 3%, and the expected return on the market is 13%. Which project(s) should the firm accept? A. Accept both A and B B. Reject both A and Be C. Accept A, Reject Be D. Accept B, Reject A 9. Deep Hollow Markets has a target capital structure of 60 percent common stock and 48 percent debt. The flotation costs are 10 percent for common stock and 4 percent for debt. What is the weighted average flotation cost? A. 6.40 percent B. 7.00 percent C. 7.28 percent D. 7.60 percent