Ziege Systems is considering the following independent projects for the coming year:

Project Requeired

A $$4$ million $11\mathrm{.}50\%$ High

B $5$ million $14\mathrm{.}00$ High

C $3$ million $9\mathrm{.}50$ Low

D $2$ million $9\mathrm{.}25$ Average

E $6$ million $12\mathrm{.}50$ High

F $5$ million $12\mathrm{.}50$ Average

G $6$ million $7\mathrm{.}25$ Low

H $3$ million $11\mathrm{.}50$ Low

Ziege's WACC is $10\mathrm{.}00\%,$ but it adjusts for risk by adding $2\%$ to the WACC for high$-$risk projects and subtracting $2\%$ for low$-$risk projects.

Which projects should Ziege accept if it faces no capital constraints?

Project A $-$Select$-$AcceptRejectItem $1$

Project B $-$Select$-$AcceptRejectItem $2$

Project C $-$Select$-$AcceptRejectItem $3$

Project D $-$Select$-$AcceptRejectItem $4$

Project E $-$Select$-$AcceptRejectItem $5$

Project F $-$Select$-$AcceptRejectItem $6$

Project G $-$Select$-$AcceptRejectItem $7$

Project H $-$Select$-$AcceptRejectItem $8$

If Ziege can only invest a total of $$13$ million, which projects should it accept?

Project A $-$Select$-$AcceptRejectItem $9$

Project B $-$Select$-$AcceptRejectItem $10$

Project C $-$Select$-$AcceptRejectItem $11$

Project D $-$Select$-$AcceptRejectItem $12$

Project E $-$Select$-$AcceptRejectItem $13$

Project F $-$Select$-$AcceptRejectItem $14$

Project G $-$Select$-$AcceptRejectItem $15$

Project H $-$Select$-$AcceptRejectItem $16$

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 $10\mathrm{.}55.$ Round your answer to two decimal places.

$ million

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 $-$Select$-$AcceptRejectItem $18$

Project B $-$Select$-$AcceptRejectItem $19$

Project C $-$Select$-$AcceptRejectItem $20$

Project D $-$Select$-$AcceptRejectItem $21$

Project E $-$Select$-$AcceptRejectItem $22$

Project F $-$Select$-$AcceptRejectItem $23$

Project G $-$Select$-$AcceptRejectItem $24$

Project H $-$Select$-$AcceptRejectItem $25$

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 $10\mathrm{.}55.$ Round your answer to two decimal places.

$ million