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 $400,000 from her bank at a rate of 7.75%, float a bond for $700,000 at a rate of 9.5%, or issue additional stock for $1,300,000 at a cost of 18%. Chandler has been hired by CFF to raise capital for the company. Chandler increases the funding available from the bank to $1,000,000 but with a new rate of 8.5%. what is the wacc for the following? A. $800,000; B. $1,800,000; C. $3,000,000

Please show all working steps with either formulas or excel.

2. What is tive WACC TO CFF in it chooses to invest $200 do in new projects? 7% (Round to two decimal places) b. What is the WACC for CFF it chooses to invest $1,800,000 in new projects (Round to two decimal places) c. What is the WACC for CFF en chooses to invest $3,000,000 in new projects 36 Round to wo decimal aces)