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Midwest Water Works estimates that its WACC is 10.5%. The company is considering the following capital budgeting projects: PROJECT SIZE RATE A $1 Million 12.0%

Midwest Water Works estimates that its WACC is 10.5%. The company is considering the following capital budgeting projects:

PROJECT SIZE RATE
A $1 Million 12.0%
B 2 Million 11.5%
C 2 Million 11.2%
D 2 Million 11.0%
E 1 Million 10.7%
F 1 Million 10.3%
G 1 Million 10.2%

Assume that each of these projects is just as risky as the firm

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