1)Which project should be funded according to the following capital projects analysis graph?

Expected Internal Rate of Return (IRR) Capital Projects Analysis 12% 10% 8% Available Budget b 6% Hurdle Rate 4% C 2% d 0% SO $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 Cumulative Budget Requirements (000s)