Ross Enterprises can raise capital from the sources in the popup window: Ross has a new project that has an estimated IRR of 9%, but will require an investment of $170,000.

Source of Funds Interest Rate Borrowing Limit Small business bureau 5% 50,000 Bank loan 7% 30,000 Bond market 12% 60,000 Owner's equity (stock) 17% 70,000

What is Ross's weighted average cost of capital (WACC) if it needs to raise $170,000?

Should Ross borrow the money and invest in the new project?