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Which of the following projects would you approve? Project Cost IRR A 0.9m 9% B 2.25m 10.5% C 1.25m 7.90% D 1.10m 7.20% Marginal cost

Which of the following projects would you approve?

Project Cost IRR A 0.9m 9%

B 2.25m 10.5%

C 1.25m 7.90%

D 1.10m 7.20%

Marginal cost of capital

$0 to $2.5m 6.9%

$2.5m to $4.5m 8.7%

over $4.5m 10.2%

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