Please answer both

uestion 12 (1 point) A company has capital structure consisting of long-term debt, preferred stock and common equity if the company uses the to calculate the cost of equity capital, which of the following events would most likely reduce the company's WACC [Weighted CAPM Average Cost of Capital]? O a. A reduction in the corporate tax rate. b. A decline in the company's stock price. . A reduction in the market risk premium. d. The Federal Reserve tightens monetary policy Save Question 13 (1 point) if the calculated NPV for a project is negative, then which of the following is most accurate? Question 13 (1 point) If the calculated NPV for a project is negative, then which of the following is most accurate? a. The discount rate used is less than the firm's WACC [Weighted Average Cost of Capital]. O b. The discount rate used is greater than the firm's WACc [weighted Average Cost of Capital Oc. The discount rate used is less than the internal rate of return. d. The discount rate used is greater than the internat rate of return. Question 14 (1 point) Which of the following statements is most accurate