Emit is considering the following projects for the coming year:

Project	Size ($MM)	IRR (%)
A	80	13.0
B	125	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 firms 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 NPV_C = $20 million and NPV_D = $15 million, and what is the firms optimal capital budgeting for the coming year?