Suppose Mullens Corporation is considering three average-risk projects with the following costs and rates of retum: Mullens estimates that it can issue debt at a rate of rd=30.00% and a tax rate of T=30.00%. It can issue preferred stock that pays a constant dividend of Dp=$10.00 per year and at Pp=$40.00 per share. Also, its common stock currenty sells for Pb=$6.00 per shate. The expected dividend payment of the common stock is Di=$3.00 and the dividend is expected to grow at a constant annual rate of g=10.00% per year. Mullens' target capital structure consists of wk=75.00% common stock, wd=15.00% debt, and wk=10.00% preferred stock; The after-tax cost of debt is approximately The cost of preferred stock is approximately The cost of cotmmon stock is approximately The WAMC is approximately Mullens estimates that it can issue debt at a rate of rd=30.00% and a tax rate of T=30.00%. It can issue preferred stock that pays a consti dividend of Dp=$10.00 per year and at PP=$40.00 per share. Also, its common stock currently sells for P0=$6.00 per share. The expected dividend payment of the common stock is D1=$3.00 and the dividend is expected to grow at a constant annual rote of g=10.00% per year. Mullens' tarpet capital structure consists of ws=75.00% common stock, wd=15.00% debt, and wp=10.00% preferred stock. The after-tax cost of debt is approximately The cost of preferred stock is approximately The cost of common stock is approximately The WAAC is approximately Suppose that Mullens will only accept projects with an expected rate of return that exceeds the WAMC. Which of the following projects will Mullens accept? Check all that apply. Project 1 Project 2 Droject 3