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Marble Construction estimates that its WACC is 8% 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 8.9%. 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: Project $ Size 600,000 1,050,000 1,010,000 1,240,000 460,000 600,000 690,000 IRR 13.8% 13.2 8.4 9.2 8.7 8.2 9.7 Assume that each of these projects is independent and that each is just as risky as the firm's existing assets. Which set of projects should be accepted? Project A -Select- Project B -Select- Project C -Select- Project D -Select- Project E -Select- Project F -Select- Project G -Select- What is the firm's optimal capital budget? Round your answer to the nearest dollar