'he company estimates that it can issue debt at a rate of rd=9%, and its tax rate is 25%. It can issue preferre tock that pays a constant dividend of $6.00 per year at $59.00 per share. Also, its common stock currently sell or $48.00 per share; the next expected dividend, D1, is $5.25; and the dividend is expected to grow at a onstant rate of 6% per year. The target capital structure consists of 75% common stock, 15% debt, and 10% referred stock. 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: What is Adamson's WACC? Do not round intermediate calculations. Round your answer to two decimal places % c. Only projects with expected returns that exceed WACC will be accepted. Which projects should Adamson accept? Project 1 Project 2 Project 3 Project 4