PIO-19 NPV, with rankings Botany Bay, Inc., a maker of casual clothing, is considerin: four projects. Because of past financial difficulties, thc company has a high cost capital at 15 Which of these projects would bc acceptable under those cost circ Q Initial (CEO) Yeu(t) $50,000 $20,000 20,000 so,ooo so,ooo sso,ocx) $20,000 40,000 60,000 $180,000 8mooo 6mooo a. Calculate thc NPVof cach project, using a cost of capital of 15%. b. Rank acceptable projts by NPV c. Calculate thc IRR of each project, and use it to determine thc highest cost capital at which all of thc projxts would bc acceptable.