Vang Enterprises, which is debt$-$free and finances only with equity from retained. earnings, is considering $7$ equal$-$sized capital budgeting projects. Its CFO hired you to assist in deciding whether none, some, or all of the projects should be accepted. You have the following information: $rRF=3\mathrm{.}50\%$;$RPM=5\mathrm{.}00\%$; and $b=0\mathrm{.}82.$ The company adds or subtracts a specified percentage to the corporate WACC when it evaluates projects that have above$-$ or below$-$average risk. Data on the $7$ projects are shown below. If these are the only projects under consideration, how large should the capital budget be$?$

$\backslash$table$[[$Project$,$Risk,Risk factor,$\backslash$table$[[$Expected$],[$return$]],$Cost $($millions$)],[1,$Very low,$-2\mathrm{.}00\%,7\mathrm{.}40\%,$$$30$