Question: I need help with those whole problem, please and thank you! Now it's time for you to practice what you've learned. Suppose Mullens Corporation is

I need help with those whole problem, please and thank you!
Now it's time for you to practice what you've learned. Suppose Mullens Corporation is considering three average-risk projects with the following costs and rates of return: Mullens estimates that it can issue debt at a rate of rd=30.00% and a tax rate of T=15.00%. It can issue preferred stock that pays a constant dividend of Dp=$10.00 per year and at Pp=$20.00 per share. Also, its common stock currently sells for P0=$6.00 per share. The expected dividend payment of the common stock is D1=$3.00 and the dividend is expected to grow at a constant annual rate of g=10.00% per year. Mullens' target capital structure consists of ws=70.00% common stock, wd=15.00% debt, and wp=15.00% preferred stock. The after-tax cost of debt is approximately The cost of preferred stock is approximately The cost of common stock is approximately The WAAC is approximately Suppose that Mullens will only accept projects with an expected rate of return that exceeds the WAAC. Which of the following projects will Mullens accept? Check all that apply. Project 1 Project 2 Project 3
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