Tumbul co, has a target capltal structure of 58% debt, 6% preferred stock, and 36% common equity, It has a before-tax cost of debt of 8,24 , and its cost of preferred stock is 9,3\%. If Turntiali can ralse all of its equity copital from retained eamings, its cost of common equity will be 12.4%. Howeyer, if it is necessary to raise new common equity, it will carry a cost of 14.2%. If its current tax rate is 25%, how much higher will Turnbull's weighted average cost of capital (WACC) be if it has to raise odditional common equity copital by issuing new common stock instead of rabing the funds through retained earnings? (Note: Round your intermediate calculations to two decimal places.) 0.56% 0.65% 0.7894 0.55% rate of 25\%. What will be the Whec for this project? (Note: Round your intermeifute Cakilations to thron decimal places.) Censider the case of Kuhn Cor: istues. The compeany can still shares of prefened sock that pay an annual dividend of 39 at a price of 302:25 per stare. rate of 25st, What will be the WMce for this prosect