The Mitata Co. is a 100% equity financed company (no debtor preferred stock); honon, its WACC equats its cost of common equity. The Mitata cos retained earnings will be sufficient to fund its capital budget in the foreseeable future. The company has a beta of 1.35, the risk free rate is 4.5%, and the market return is 5.9% What is The Mitata Co.'s cost of equity? 1.95% 6.399 19.08% The Mitata con la financed exclusively using equity funding and has a cost of equity of 13.05%. It is considering the following projects for investment next year Project Required Investment w $5,250 X $6,05 Expected Rate of Return 10.604 12.65 The Mitata Co. is financed exclusively using equity funding and has a cost of equity of 13.05%. It is considering the following projects for investment next year: Project Required Investment w $5,250 x $6,275 Y $4.575 $3,675 Expected Rate of Return 10.60% 13.65% 14.10% 13.10% Each project has average risk, and The Mitata Co, accepts any project whose expected rate of return exceeds its cost of capital. How targe should next year's capital budget be? $14,625 $9.825 515,300 $13,500