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estimates of the iritial capilal requiremerts and novs ior the projects: anch dovelopment project (all cost values are given is millons of dillars) a. Suppose that Orchid has a fotal cepitar budget of $60 milion. How stouls it priontize these projects? a. Supose that Cectid has a totai captal budget of Ses milion. How should it sriontize these projects? The profiability index for Project 1 is (Round to two deornal places) Prchid Biotech Company is evaluating several different development projects for experimental duigs. Although the cash flows are cifilicult fo forect stimates of the initial capital requirements and NPVs for the projects: . Given a wide variely of stalling needs, the company has also ostimation each development project (all cost values are given in millions of dollars) CC Data Table b. Suppose that Orchid currently has 12 research scientists and does not anticipate being able fo hire more in the near future. How should Orchid pr