Floorstreet Stock Raiders Incorporated $($FSR$)$ has the following capital structure, which is considers to$-$be optimal:

Debt Preferred Stock Common Equity $25\%15\%60\%100\%$

FSR$$s expected net income this year is $$34,285\mathrm{.}72,$ its established dividend payout ratio is $30$ percent, its corporate tax rate is $40$ percent, and investors expect earnings and dividends to grow at a constant rate of $9$ percent in the future. FSR paid a dividend of $$3\mathrm{.}60$ per share on its $76,000$ issued ordinary shares and is currently trading at a price of $$54$ per share. FSR can obtain new capital in the following ways:

$$ Preferred: Issue $10,800$ new preference shares committing FSR$$s to a dividend of $$11.$ The preference shares can be sold to the public at a price of $$95$ per share.

$$ Debt: Issue $1,800$ ten year $$1,000$ par value bonds to the public. The bonds will pay $11\mathrm{.}115\%$ coupons $($annually$)$ and have a current yield to maturity of $12\%.$

$($a$)$ Confirm that the allocated weights above are correct.

$($b$)$ Determine the cost of each capital structure component

$($c$)$ Calculate the weighted average cost of capital.

$($d$)$ Given the following investment opportunities. Which projects should FSR accept