• The following table gives SSCs earnings per share for the last 10 years. The common stock, 8.1 million shares outstanding, is now (1/1/22) selling for $63.00 per share. The expected dividend at the end of the current year (12/31/22) is 40% of the 2021 EPS. Because investors expect past trends to continue, g may be based on the historical earnings growth rate. (Note that 9 years of growth are reflected in the 10 years of data.)

Year	EPS		Year	EPS
2012	$3.90		2017	$5.73
2013	4.21		2018	6.19
2014	4.55		2019	6.68
2015	4.91		2020	7.22
2016	5.31		2021	7.80

• The current interest rate on new debt is 12%; SSCs marginal tax rate is 25%; and its target capital structure is 35% debt and 65% equity.
• Calculate SSC's cost of common equity.
• Find SSC's WACC. Do not round intermediate calculations. Round your answer to two decimal places.
• Find the NPV, Payback Period, IRR & MIRR for the project.
• Run two new scenarios on this project
• Calculate SSCs after-tax cost of debt. Round your answer to two decimal places.