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Emit is considering the following projects for the coming year: Project Size ($MM) IRR (%) A 80 13.0 00 B 115 12.7 C 115 13.2

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Emit is considering the following projects for the coming year: Project Size ($MM) IRR (%) A 80 13.0 00 B 115 12.7 C 115 13.2 D 105 13.0 E 95 11.7 F 95 12.3 G 80 11.5 Emit's WACC is 12%. Assume that each of the projects is as risky as the firm's existing assets, and Project C and Project D are mutually exclusive while the rest are of the projects are independent. What set of projects should be accepted if NPVc = $20 million and NPVD = $35 million, and what is the firm's optimal capital budgeting for the coming year? $415 million $ O $395 million O $510 million $405 million O $300 million

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