Please Answer question 15-24, The other problems are attached. The book says the answer is 12.4% > 8%; yes

Risk-Adjusted MARR 15-24 Use the example risk-adjusted interest rates for manufacturing projects in Table 152. Assume Project B in Problem 15-19 is for new equipment. What is the interest rate for evaluating this project? Should it be done? 15-2 There are many venture capital syndicates that con- sist of a few (say, eight or ten) wealthy people who combine to make investments in small and (hope- fully) growing businesses. Typically, the investors hire a young investment manager (often an engineer with an MBA) who seeks and analyzes investment opportunities for the group. Would you estimate that the MARR sought by this group is more or less than 12%? Explain. tomoot rote on the follow Opportunity Cost of Capital 15-19 A factory has a $100,000 capital budget. Deter- mine which project(s) should be funded and the opportunity cost of capital. Salvage Value $5000 Annual Life Project First Cost Benefits (years) A $50,000 $13,500 5 B 50,000 9,000 10 50,000 13,250 5 D 50,000 9,575 8 0 1000 6000