Vang Enterprises estimates that its WACC is 10 20 The

Last updated: 6/29/2023

Vang Enterprises estimates that its WACC is 10 20 The company is considering the follwoing 7 capital budgeting projects in millions Project 1 234567 6 70 7 Assume that each of these projects is just as risky as the firm s existing assets Its CFO hired you to assist in deciding whether none some or all of the projects should be accepted If these are the only projects under consideration how large should the capital budget be O 102 80 172 Rate of Return Size millions 13 00 10 90 10 80 10 40 10 10 9 15 7 60 137 28 00 25 00 27 00 22 00 25 00 23 00 22 00