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Marble Construction estimates that its WACC is 1 0 % if equity comes from retained earnings. However, if the company issues new stock to raise

Marble Construction estimates that its WACC is 10% if equity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that its WACC will rise to 10.6%. The company believes that it will exhaust its retained earnings at $2,400,000 of capital due to the number of highly profitable projects available to the firm and its limited earnings. The company is considering the following seven investment projects:
\table[[Project,Size,IRR,],[A,$,700,000,14.5%
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