A-Z .. Problem 16.12 (WACC) ebook Empire Electric Company (EC) uses only debt and common equity. It can borrow unlimited mounts at an interest rate of -10% as long as finances tits target capital structure, which calls for 30% debt and 70% commity. Its last dividend (D) was $2.05, I expected constant growth rate is 4%, and is common stock sells for $25. Estax rate is 25%. The projects are welle Project A has a rate of retum of 12 and Project returns 11%. These two projects are equally risky and out as risky at the firm's exting assets What is its cost of common equity? Do not round intermediate calculator. Hound your answer to two decimal places 3 What is the WACC) Do not found intermediate calculations. Found your answer to two decimal places N Which projects would precept? { Grade it Now Save & Continue Continue without saving MacBook Pro 30 : 40 41 A - + % 5 & 7 1 0 4 6 8 9 dhe E R T Y U 1 O P D F G H KL ren