Score: 0 of 6 pts 4 of 9 (3 complete) HW Score: 34.55%, 19 of 55 pts 13 Question Help P16-9 (similar to) Finding the WACC 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 8%, float a bond for $800,000 at a rate of 10%, or issue additional stock for $1,400,000 at a cost of 16%. What is the WACC for CFF if Monica chooses to invest a $1,000,000 in new projects? b. $2,000,000 in new projects? c. $2,600,000 in new projects? a. What is the WACC for CFF it Monica chooses to invest $1,000,000 in new projects ? % (Round to two decimal places) Enter your answer in the answer box and then click Check Answer Cle