Monica is the CFO of Cooking for Friends (CFF) and uses the pecking order hypothesis philosophy when she raises capital for company projects. Currently, she can borrow up to $600,000 from her bank at a rate of 8.5%, float a bond for $1, 100,000 at a rate of 9.25%, or issue additional stock for $1, 300,000 at a cost of 17%. What is the WACC for CFF if Monica chooses to invest: $1,000,000 in new projects? $2,000,000 in new projects? $3,000,000 in new projects