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thanks! Question 6 1 pts Windy Corp is estimating the cost of common stock using the constant dividend growth model if it issues new common

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Question 6 1 pts Windy Corp is estimating the cost of common stock using the constant dividend growth model if it issues new common stock. Windy's current stock price is 23 and its estimated dividend in time is 1.19. Windy estimates that the underwriter will charge 1.4% of the common stock price for issuing shares. Windy estimates a growth rate of 5.8%. What is the estimated cost of NEW common stock for Windy? (Express answer in 4 decimal places: 9.65% should be .0965) Question 7 1 pts You are evaluating a project with cash flows of -25,000 in year 0, +12,000 in year 1. +10,000 in year 2 and 5,554 in year 3. Given a required rate of 12%, what is the Modified IRR of this project? Question 8 1 pts Rainy Day is expecting to sell recycled bottle raincoats for five years. At the end of the project, in year 5, Rainy Day expects to sell its machinery for $341,541. Because the machine was purchased after 2018, Rainy Day took the bonus depreciation to save money on taxes so in year 5, the book value of the machinery will be 0. What is the expected cash flow from selling the equipment given Rainy Day has a a marginal tax rate of 21%

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