The company estimates that it can issue debt at a rate of re- 11%, and its tax rate is 25%. It can issue preferred stock that pays a constant dividend of s6.00 per year at $51.00 per thare. Also, its common stock currently sells for $44.00 per share; the next expected dividend, D1. is $3.75; and the dividend is expected to orow at a constant rate of 7% per year. The target capizal structure consists of 75% common stock, 15% debt, and 10% preferred stock. a. What is the cost of each of the capital cemponents? Do not round intermediate cakulations. Round your answers to two decimal places. Cost of debt: Cost of preferred stocks Cost of retained earning: b. What is Adamson's WACC) Do not round intermediate calculations. Reund your answer to two dedimal places. c. Only projects with expected returns that exceed wACC will be accented. Which projects shocld Adamson accept? Project 1 Project 2 Project 3 Project 4