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

Project Required

Investment Rate of

Return

Risk

A $$4$ million $13\mathrm{.}75\%$ High

B $5$ million $11\mathrm{.}25$ High

C $3$ million $9\mathrm{.}25$ Low

D $2$ million $8\mathrm{.}25$ Average

E $6$ million $12\mathrm{.}25$ High

F $5$ million $12\mathrm{.}25$ Average

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

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

Ziege's WACC is $9\mathrm{.}75\%,$ 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

Project B

Project C

Project D

Project E

Project F

Project G

Project H

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

Project A

Project B

Project C

Project D

Project E

Project F

Project G

Project H

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

Project B

Project C

Project D

Project E

Project F

Project G

Project H

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