Question: Marble Construction estimates that its WACC is 1 0 % if equity comes from retained earnings. However, if the company rise to 1 0 .

Marble Construction estimates that its WACC is 10% if equity comes from retained earnings. However, if the company rise to 10.8%. The company believes that it will exhaust its retained earnings at $2,500,000 of 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:
\table[[Project,Size,IRR],[,,],[A,$650,000,14.0%
 Marble Construction estimates that its WACC is 10% if equity comes

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