Question 1 3 pts Which of the following statements is correct when you use a higher weighted average cost of capital to analyze a normal project? The project's payback period will be shorter. The project's IRR will decrease. The project's NPV will increase The project's NPV will decrease Question 2 3 pts What is the cost of new common stock of a company, a constant growth stock, that has a year-1 dividend (D) of $3.5, a growth rate of 3%, a current price (Pc) of $40, and a flotation cost of $5 per share? 10% 8.75% 13% D Question 3 3 pts Other things being equal, a company's weighted average cost of capital will most likely when the company pays more dividends. increase stay the same Odecrease