Your second assignment requires you to utilize WACC as to choose the best investment given the following criteria:

Requirement 1. The project only lasts five years.

Requirement 2. You must finance the project by an equal split between debt and equity funding.

Requirement 3. The project will require $35,000 worth of stock and $35,000 worth of debt. Further, the market imposes the following constraints:

 The tax rate is 35%. 