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Adamson Corporation is considering four average-risk projects with the following costs and rates of return: structure consists of 75% common stock, 15% debt, and 10%

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Adamson Corporation is considering four average-risk projects with the following costs and rates of return: structure consists of 75% common stock, 15% debt, and 10% preferred stock. a. What is the cost of each of the capital components? Do not round intermediate calculations. Round your answers to two decimal places. Cost of debt: % Cost of preferred stock: % Cost of retained earnings: % b. What is Adamson's WACC? Do not round intermediate calculations. Round your answer to two decimal places. % c. Only projects with expected returns that exceed WACC will be accepted. Which projects should Adamson accept? Project 1 Project 2 Project 3 Project 4

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