please show how to do it in excel!!!!!!!!

e Activity: WACC and optimal capital budget Search this cours Excel Online Structured Activity: WACC and optimal capital budget Adamson Corporation is considering four average-risk projects with the following costs and rates of return Project Cost Expected Rate of Return 16.00% 1 $2,000 2 3,000 15.00 3 5,000 13.75 2,000 12.50 The company estimates that it can issue debt at a rate of ra -11%, and its tax rate is 30%. It can issue preferred stock that pays a cantant dividend of $3 per year at $42 per share. Also, its common stock currently sells for $32 per share the next expected dividend, Dy, 3.50; and the dividend is expected to grow at a constant rate of 6% per year. The target capital structure consists of 75% common stock, 155 detit, and 10 preferred stock. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below 1 Open spreadsheet a. What is the cost of each of the capital components? Round your answers to two decimal places. Do not round your intermediate calculations Cost of debt % % Cost of preferred stock eta has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions be Den spreadsheet a. What is the cost of each of the capital components? Round your answers to two decimal places. Do not round your intermediate calculations Cost of debt % Cost of preferred stock % Cost of retained earnings b. What is Adamson's WACC? Round your answer to two decimal places. Do not round your intermediate calculations % c. Only projects with expected returns that exceed WACC will be accepted. Which projects should Adamson accept? Project 1 Project 2 1011 Project 3 Project 4 X Excel template File Home Insert Formulas Data Review View Help Tell me what you want to do Xau Wrap Text Perc Merge Center $ E F Arial 10 AA = [Copy Paste BIUR = == = = Format Painter Unde Clipboard font Alignment C15 fx A B D 6 Preferred stock price, Pp $42.00 7 Common stock price. Po $32.00 8 Expected common dividend, D, $3.50 9 Common stock constant growth rate, 6.00% 10 % common stock in capital structure 75.00% 11 % debt in capital structure 15.00% 12 % preferred stock in capital structure 10.00% 13 Cost of capital components 14 & WACC calculation: Weights After-tax Cost Weighted Cost 15 After-tax cost of debt. (1-T) 15.00% 16 Cost of proferred stock, po 10.00% 17 Cost of common stock, , 75.00% 18 WACC = 19 20 Project acceptance analysis: Expected Rato 21 Projects Cost of Return Accept Project? YN 22 $2,000 16.00% 23 2 $3,000 15.00% 24 3 $5,000 13.75% 25 $2,000 12.50% 26 27 Formulas