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2) Johnson & Johnson International has a cost of capital of 10% for up to $75,000 of capital and 11% for additional funds. The company

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2) Johnson & Johnson International has a cost of capital of 10% for up to $75,000 of capital and 11% for additional funds. The company is considering the following projects with their respective IRR and investment required. What is the optimal capital budget for this company? Which project(s) should they undertake? What is the firm's cost of capital? All projects are of equal risk. Graph the IOS and the MCC for this firm. Project IRR Required Investment. N. 10% $100,000

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