for C the options are either project a or project b

Attempts Keep the Highest / 1.5 7. Problem 10.12 (WACC) eBook Empire Electric Company (EEC) uses only debt and common equity. It can brow Bed amounts were rate of 11 long as it finances were costume, which calls for det end $21. EEC's tax rate is 25%. The projects are available: Project A has a note of return of 13%, and Projectes return is 11. These two projects are equally risky and about my as the 'seeting What is its cost of common equity? De not round intermediate calculations. Round your answer to two decimal places b. What is the WACC Do not round intermediate calculation Round your art decimal places c. Which projects should Empire accept? can borrow unlimited amounts at an interest rate ofre=115 s long as it finances at its target capital structure, which calls for 45% debt and common quy. Its a dividend (D) 12.25 ts expectato rate of return of 13%, and Project By return is 11%. These two projects are equally risky and about as risky as the firm's editing assets ate calculations. Round your answer to two decimal places Round your answer to two decimal places. Grade it Now Save & Continue Continue without saving at finances at its target capital structure, which calls for 45% debt and 55% common equity. Its last dividend (D) was $2.25, its expected constant growth rate is 4%, and its common stock ses for are equally risky and about as risky as the firm's existing assets