You were hired as a consultant to Giambono Company, whose target capital structure is 60% debt, 15% preferred, and 25% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 9.00%, and the cost of retained earnings is 11.25%. The firm will not be issuing any new stock. What is its WACC? a. 4.16% O b. 4.95% O c. O d. 6.41% O 7.76% e. 8.75% Datta Computer Systems is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC (and even negative), in which case it will be rejected. Year Cash flows -$990 $400 $420 $440 0 1 2 O a. 9.09% O b. 27.27% O c. O d. 12.87% 29.00% 3 e. 8.37%