choices for C. is either Acept or Reject. Thank you!

Adamson Corporation is considering four average-risk projects with the following costs and rates of return: Project Cost Expected Rate of Return 1 $2,000 16.00% 2 3,000 15.00 3 5.000 13.75 4 2,000 The company estimates that it can issue debt at a rate of rs = 10%, and its tax rate is 25%. It can issue preferred stock that pays a constant dividend of $7.00 per year at $49.00 per share, Also, its common stock currently sells for $36.00 per share the next expected dividend, Dils $4.25; and the dividend is expected to grow at a constant rate of 4% per year. The target capital structure consists of 75% common stock, 15% debt, and 10% preferred 12.50 stock 9 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 % 96 % C. Only projects with expected returns that exceed WACC will be accepted. Which projects should Adamson accept? Project Project 2 Project 3 Project 4 -Select Select -Select- -Select