Which of the projects will the company accept?

(a) No budget limitation(b) subject to budgetProjectRequired investment (in millions)Risk-adjusted WACCNPV (in millions)Profitability IndexRankingAvailable CapitalRankingA$200H, $50 B70H,45 C150L,40 D30A,30 E120H,20 F100A,15 G50L,10 H22L,-5

• Except for projects F and G are mutually exclusive, all the other projects are independent.
• 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 of $400.

Group of answer choices

A, B, D, G

A, B, D, F, H

B, C, D, G

A, B, C

B, C, D, E, H