eflected in the 10 years of data.) he current interest rate on new debt is 11%; Foust's marginal tax rate is 25%; and its target capital structure is 55% debt and 45% equity. Calculate Foust's after-tax cost of debt. Round your answer to two decimal places. % Calculate Foust's cost of common equity. Calculate the cost of equity as rs=D1/P0+g. Do not round intermediate calculations. Round your answer to two decimal places. % Find Foust's WACC. Do not round intermediate calculations. Round your answer to two decimal places. % a rate of return of 13%, and Project B's return is 10%. These two projects are equally risky and about as risky as the firm's existing assets. a. What is its cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places. % b. What is the WACC? Do not round intermediate calculations. Round your answer to two decimal places. % c. Which projects should Empire accept? eflected in the 10 years of data.) he current interest rate on new debt is 11%; Foust's marginal tax rate is 25%; and its target capital structure is 55% debt and 45% equity. Calculate Foust's after-tax cost of debt. Round your answer to two decimal places. % Calculate Foust's cost of common equity. Calculate the cost of equity as rs=D1/P0+g. Do not round intermediate calculations. Round your answer to two decimal places. % Find Foust's WACC. Do not round intermediate calculations. Round your answer to two decimal places. % a rate of return of 13%, and Project B's return is 10%. These two projects are equally risky and about as risky as the firm's existing assets. a. What is its cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places. % b. What is the WACC? Do not round intermediate calculations. Round your answer to two decimal places. % c. Which projects should Empire accept