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Assume that all projects in the table below have average risk. What is the dollar total of the firm's optimal capital budget? The Braxton Corp.

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Assume that all projects in the table below have average risk. What is the dollar total of the firm's optimal capital budget? The Braxton Corp. has the following investment opportunities in the coming planning period: Project Net Investment 300,000 100,000 200,000 200,000 100,000 IRR 18% 15 13 12 10 Projects H and H' are mutually exclusive. The firm's WACC is 11%. O a. $400,000 O b. $500,000 . $600,000 O d. $700,000 O e. $300,000

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