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Empire Electric Company (EEC) uses only debt and common equity, It can borrow unimited amounts at an intertet rate of fa ar 10% an long

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Empire Electric Company (EEC) uses only debt and common equity, It can borrow unimited amounts at an intertet rate of fa ar 10% an long as e francer at it target capitar existing assets: a. What is its cost of common equity? Do not round intermediate calculations, Round your answer to tws decimal plocet. b. What is the WACC? Do not reand intermediate calculations, Round your answer to twe decimal puces. c. Which prejects should Eirpire accept

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