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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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