Problem \#1: (4 points) Show your work.... Three different projects are being evaluated by ACE, Inc. for potential implementation by their engineering department. The following table provides information on these projects. Which of these engineering initiatives would be the first one for consideration to invest if the hurdle rate defined by engineering was 20% and why? Problem \#2: (4 Points) Show your work.... Project C in problem \#1 above is a riskier project with a somewhat lower probability of success. Senior management decided to raise the hurdle rate to 30% for this specific project. Does this change your opinion of which project is first for consideration if the hurdle rate for the other two stay at 20% ? Why