Baseball Co. has a capital cost structure of 40% debt and common equity of 60%. The after tax cost of debt is 5.0% and the cost of common capital is 11%. The company can buy equipment that would return 8% financed by debt or similar equipment financed by common capital returning 10%. Question 15 (2 points) What is the weighted average cost of capital for Baseball Co.? 9.00% None of the presented solutions 7.60% 8.00% Question 16 (2 points) Which equipment should the company invest in? The equipment returning 10%. The equipment returning 8%. Neither investment would be profitable. Both investments would have a profitable return using WACC