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Ziege Systems is considering the following independent projects for the coming year: table [ [ Project , table [ [ Required ] ,

Ziege Systems is considering the following independent projects for the coming year:
\table[[Project,\table[[Required],[Investment]],\table[[Rate of],[Return]],Risk],[A,$4 million,13.25%,High],[B,5 million,10.75,High],[C,3 million,8.75,Low],[D,2 million,8.50,Average],[E,6 million,11.75,High],[F,5 million,11.75,Average],[G,6 million,6.50,Low],[H,3 million,10.50,Low]]
If Ziege can only invest a total of $13 million, what would be the dollar size of its capital budget? Enter your answer in millions. For example, an answer of $10,550,000 should be entered as 10.55. Round your answer to two decimal places.
$ million
c. Suppose Ziege can raise additional funds beyond the $13 million, but each new increment (or partial increment) of $5 million of new capital will cause the WACC to increase by 1%. Assuming that Ziege uses the same method of risk adjustment, which projects should it now accept?
Project A
Project B
Project C
Project D
Project E
Project F
Project G
Project H
-Select- hat(v)
-Select- hat(v)
-Select- hat(v)
-Select- hat(v)
-Select- hat(v)
-Select- hat(v)
-Select-
What would be the dollar size of its capital budget? Enter your answer in millions. For example, an answer of $10,550,000 should be entered as 10.55. Round your answer to two decimal places.
$ million
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