The following is the capital structure of your company. Debt: 6,000 bonds. 5.5 annual % coupon, with semiannual payments. $1,000 face value. 21 years to maturity. Priced at $1,030 per bond. Preferred stock: 16,500 shares preferred stock. Priced at $78 per share. $3.30 dividend per share. Common Stock: 390,000 shares. Priced at $57 per share. Beta is 1.14. Market: 5% market risk premium. 4.3% risk-free rate. Company's tax rate is 21%. What is the company's Weighted Average Cost of Capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) WACC You look at the rate of returns, and the betas of different capital investment options. To determine which should be pursued, you will look at Internal Rate of Return, the Capital Asset Pricing Model (Security Market Line), and the Weighted Average Cost of Capital. The expected return on the market is 12.2%, and the risk-free rate is 5.2%. Project Z: return Project X: return 17.2%, beta = 1.42 10.6%, beta = .75 Project W: return 9.5%, beta = .64. Project Y: return 14.1%, beta 1.31 a. Which projects should be accepted using the CAPM(SML) rule? Project W should be Project Y should be , Project X should be and Project Z should be