Your firm is choosing which project(s) to select. The projects are independent, and the returns are presented below. Which project(s) should the firm select? Your firm has a 7% weighted average cost of capital. Project A has an expected return of 9% Project B has an expected return of 5% Project C has an expected return of 3% Project D has an expected return of 12% Your firm's preferred stock has a par value of $115 per share, and the preferred stock is currently trading at $180 per share. The preferred stock pays a dividend that is 6% of the par value. What is the cost of preferred stock? O $6 3.33% 06.00% None of the Above Using retained earnings to fund a project is cheaper than issuing new equity. True False