Please help with both.

4. You have been given the task of calculating the Weighted Average Cost of Capital for Funck's Fantastic Frisbees (FFF).

You have been provided the following information:

FFF's capital structure is composed of 30% debt, 50% common equity from retained earnings, and 20% preferred equity

FFF's corporate tax rate is 39%

The yield to maturity on FFF's bonds is 8%

The company's cost of internal equity is 12.2%

The company's preferred stock pays a dividend of $1.68 and is currently priced at $17.86

Calculate the company's WACC, and enter your answer as a decimal with a leading zero and 4 decimal places of precision.

30.

In your role as a financial analyst, you are evaluating two mutually exclusive projects whose projected cash flows are shown below.

Assume the appropriate WACC (discount rate) for each of these projects is 12%.

Year:	0	1	2	3	4
Project A Cash Flows:	-$1,200	$450	$480	$440	$390
Project B Cash Flows:	-$1,450	$395	$590	$500	$650

Which of the following statements is CORRECT?

	a.	The company should reject both projects due to negative Net Present Values (NPVs) at a discount rate of 12%
	b.	The company should accept Project A because at a discount rate of 12%, Project A has a higher Net Present Value (NPV) than Project B.
	c.	The company should aaccept both projects because at a WACC of 12% both project's Net Present Value (NPV) is positive.
	d.	The company should accept Project B because at a discount rate of 12%, Project B has a higher Net Present Value (NPV) than Project A.
	e.	The WACC (discount rate) at which these two project's Net Present Values (NPVs) equal (the crossover rate) is 12.26%