Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line: Click on the Icon D in order to copy its content into a spreadsheet. Investment - $9,062,128 Networking capital change - $511,000 $511,000 Operating cash ow $3,010,000 $3,626,000 $4,326,000 Salvage 315512.000 At what adjusted WACCs will the company accept this project? Hint: Find the IRR of the project, and use it as the maximum adjusted WACC tor accepting the project. What is the IRR of the project? % (Round to two decimal places.) Book value versus market value components. Compare Trout. Inc. with Salmon Enterprises, using the balance sheet oi Trout and the market data of Salmon for the weights in the weighted average cost oi capital: g . If the after-tax cost oi debt is 96% for both companies and the cost of equity is 14.34%, which company has the higher WACC'? What is the book value adjusted WACC for Trout. lnc.7 % (Round to two decimal places.) Data table Click on the Icon :i in order to copy its content into a spreadsheet. Trout, Inc. Current assets: $2,666.66? Current liabilities: $1 ,488559 Long-term assets: $9,333,333 Long-term liabilities: $7,334,899 Total assets: $12,000,000 Owners' equity: $3,176,542 Salmon Enterprises Bonds outstanding: 3.000 selling at $911.19 Common stock outstanding: 260,000 selling at $31.96 Cost afpreferred stock. Kyle is raising funds for his company by selling preferred stock The preferred stock has a par value of $1 11 and a dividend rate of 8.9%. The stock is selling for $9262 in the market. Kyle hires Wilson Investment Bankers to sell the preferred stock. Wilson charges a fee of 1% on the sale of preferred stock. What is the east of preferred stock for Kyle using the investment banke What is the cost of preferred stock for Kyle using the investment banker? % (Round to two decimal places)