Back to Assignment A Avenge 3 9. Problem 10.12(WACC) ebook Empire Electric Company (TEC) uses or debt and common equity. It can borrow united amounts at an interest rate of re-9% as long as it finances at its target capital structure, which calls for 25t 75 common equity. Its tast dividend (D) was $2.00, is expected constant growth rate is 6%, and its common stock sells for $28. EEC tax rate as 25. The projects are able: Project has a rate of retum of 14%, and Project's return is 84. These two projects are equally risky and about as risky as the firm's What is Escort of commencerDo not round intermediate calculations. Hound your answer to two decimal places. b. What is the WACC De retroud intermediate calculations. Round your answer to two decimal places which projects should Empire ot? Grade it Now Save & Continue Continue