The managers of Kenforest Grocers are trying to determine the company's optimal capital budget for the upcoming year. Kenforest is considering the following projects: (a) No budget limitation (b) limit to $230 million Risk- Project Required investment (in millions) adjusted WACC NPV (in millions) Profitability Index Ranking Available Capital Ranking A $200 $50 B 70 45 C 150 40 D 30 30 E 120 20 F 100 5 G 50 -1 H 10 -5 Which of the projects will the company accept? Except for projects C and D are mutually exclusive, all the other projects are independent. Project A and C are high-risk project; project B and F are average-risk projects, while project D, E, G and Hare low-risk project. The company estimates that its WACC is 10.5%. The company adjusts for risk by adding 2 percentage points to the WACC for high-risk projects, and subtracting 2 percentage points from the WACC for low-risk projects. The company has a limited capital budget at $230. Select one: O a. B, D, F, H. O b. B, D, G O C. AD d. B, D, E e. B, C