When calculating the component cost of equity, when is new equity/common stock (re) used? (1 point)

Should a company use the composite WACC as the hurdle rate for all projects? (1 point)

Using the information for questions 3&4 below, calculate the cost of common equity/retained earnings? (1 point)

Using the information for questions 3&4 below, calculate the cost of common equity/new common stock? (1 point) Questions 3 & 4: Holiday Inc has a target capital structure of 30% debt and 70% equity. Dividends are expected to grow by 10% per year. The C/S currently sells for $22.00/share with flotation costs of $4.00 per share & the last dividend paid was $2.00. For credit: post must show work & state answer as % with 2 decimal points, ex. 12.33%.