The company estrmates that it can issue debt st a rate of rt=11%, and its tax rate is 25%. It can issue preferred stock that pays o constant dividend of 57.00 per year at 358.00 per share. Also, its commen stock currentiy selis for $43.00 per share; the next expected dividend, D4 is $5.25; and the dividend is expected to grow at a constant rate of a $5 per year. The target capital structure consists of 75% common stock, 15% debt, and 10% preferred stock: a. What is the cost of each of the capital components? Do not round intermedate calculations. Round your answers to two docmal placts. Cost of debt: Cost of preferred steck: Cost of retained earnings: b. What is Rdamber' Wacce Da not round intermediate calculstions. Round your answer to two decimal places: c. Onvy projects with expected retums that exceed WACC will be accepted. Which projects should Adsmien accept? Project 1 Project 2 Project 3 : Project 4