Assignment: Chapter 12 - EOC Questions (CNOW) Anment score 30.00 Save Submit Assignment for Grading Questions Problem 12.05 (Optimal Capital Budget Question of 10 3 Check My Work (1 remaining) eBook 7. ated 10. Marble Construction estimates that its WACC 15 12% fequity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that is WACC will rise to 12.6%. The company believes that it will exhaust its retained earnings at $2.300,000 of capital due to the number of highly profitable projects available to the form and its limited earnings. The company is considering the following seven investment projects Project Size IRR $630,000 14.4 B 1,020,000 13.3 C 1,010,000 12:2 D 1,190,000 13.1 E 490,000 12,4 F 630,000 13.3 700,000 12.0 Assume that each of these project is independent and that each is just as risky as the firm's existing assets. Which set of projects should be accepted? Project V Project V Project Projeto What the firm's optimale budget Round your answer to the nearest do Check My Work (training) Troblema s toptimal Capital Question of 10