Question 17 5 pts Class "B" shares always have more votes per share than class "A" shares. O True False Previous Next Question 23 12.5 pts You were hired as a consultant to Louisiana Blue Ocean Company, whose target capital structure is 30% debt, 10% preferred, and 60% common equity. The after-tax cost of debt is 7 %, the cost of preferred is 12 %, and the cost of equity is 15%. What is its Weighted Average Cost of Capital (WACC)? (Select the closest choice) (Review: Chapter 10) 09.45% O 10.75% O 12.30% O 14.60% 15.27% Louisiana Blue Ocean Inc. is considering a project that has the following cash flow data. Year 0 1 2 3 Cash flows -$100,000 $50,000 $30,000 $60,000 If Weighted Average Cost of Capital (WACC) or r is 20%, what is the project's Net Present Value? (Review: Chapter 11) 0 - $2,778.30 (its a negative amount) O $1.051.80 O $1,322.20 O $1.503.90 0 -$3,227.60 (its a negative amount)