4. Problem 12.05 (Optimal Capital Budget) book Marble Construction estimates that its WACC is 12% fequity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that its WACC will rise to 12.8%. The company believes that it will exhaust its retained earnings at $2,300,000 or capital due to the number of highly profitable projects available to the firm and its limited earnings. The company is considering the following seven Investment projects Project Size IRA $ 640,000 14.2% 1,070,000 13.2 960,000 12.2 1,250,000 123 460,000 13.1 640,000 13.2 G 690,000 12.0 Assume that each of these projects is independent and that each is just as risky as the existing assets. Which set of projects should be accepted Project A Projects Project SA Proyecto Select Project Project Project F What is the firm's optimal capital budget Round your answer to the nearest dollar