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Project A costs $ 1 5 , 0 0 0 and IRR of 1 7 % . Project B costs $ 1 5 , 0

Project A costs $15,000 and IRR of 17%. Project B costs $15,000 and IRR 16%.Project C costs $12,000 and 13% IRR, and project D costs $20,000 and13% IRR? Cost of capital is 14% and company will adjust 3% up or down for high or low rosk projects. Projects A and D are average risk, project B is low risk and project C is high risk. What's the firms capital budget? What is the capital budget considering the risk factors?

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