please answer ASAP

Tech Network Co. can buy a plece of equipment that Is anticipated to provide a 10 percent retum and can be financed at 7 percent with debt. Later in the year, the firm turns down an opportunity to buy a new machine that would yield a 17 percent return but would cost 19 percent to finance through common equity. Assume debt and common equity each represent 50 percent of the firm's capital structure at 7 percent cost of debt and 19 percent cost of equity. Please submit all calculations in Moodle o. Compute the welghted average cost of capital. [2 marks] (Round the final onswer to 1 decimal ploce.) Weighted average cost of capital b. Which projeci(s) should be accepted? [1 Mork] New machine should be financed. Piece of equipment should be financed