only the 2nd question

If its current tax rate is 40%, how much higher will Turnbull's weighted average cost of capital (WACC) be if it has to raise additional common equity decimal places.) 0.58% 0.54% 0.64% 0.74% Turnbull Co. is considering a project that requires an initial investment of $570,000. The firm will raise the $570,000 in capital by issuing $230,000 of debt at a before-tax cost of 10.2%,$20,000 of preferred stock at a cost of 11.4%, and $320,000 of equity at a cost of 14.3%. The firm faces a tax Consider the case of Kuhn Co. Kuhn Co. is considering a new project that will require an initial investment of $45 million. It has a target capital structure of 35% debt, 2% prefered issues. The company can sell shares of preferred stock that pay an annual dividend of $8 at a price of $95.70 per share. Kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to help fund its common stock is currently selling for $33.35 per share, and it is expected to pay a dividend of $2.78 at represent 3% of the funds raised by issuing new common stock. The company is projected to grow at at a constant rate of 40%. What will be the WACC for this project? (Note: Round your intermediate calculations to two decimal places.) If its current tax rate is 40%, how much higher will Turnbull's weighted average cost of capital (WACC) be if it has to raise additional common equity decimal places.) 0.58% 0.54% 0.64% 0.74% Turnbull Co. is considering a project that requires an initial investment of $570,000. The firm will raise the $570,000 in capital by issuing $230,000 of debt at a before-tax cost of 10.2%,$20,000 of preferred stock at a cost of 11.4%, and $320,000 of equity at a cost of 14.3%. The firm faces a tax Consider the case of Kuhn Co. Kuhn Co. is considering a new project that will require an initial investment of $45 million. It has a target capital structure of 35% debt, 2% prefered issues. The company can sell shares of preferred stock that pay an annual dividend of $8 at a price of $95.70 per share. Kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to help fund its common stock is currently selling for $33.35 per share, and it is expected to pay a dividend of $2.78 at represent 3% of the funds raised by issuing new common stock. The company is projected to grow at at a constant rate of 40%. What will be the WACC for this project? (Note: Round your intermediate calculations to two decimal places.)