Question 4 (2 points) The assistant manager evaluated potential investments-that is, capital budgeting projects-using the firm's average required rate of return R. He produced the following report for the capital budgeting manager: 8% E Project NPV TRR Risk $1,000 15% High $1500 16% High -5800 Average -S450 10% Low 0 13% High The capital budgeting manager usually considers the risks associated with capital budgeting projects before making her final decision If a project has a risk that is different from werage she adjusts the average required rate of return by adding or subtracting 3 percentage points. If the five projects listed above are independent what is the discount rate used and which one() should the capital budgeting manager recommend be purchased after taking risk into account? Explain on your exam paper why, He should accept A, B, and E He should accept B, and E He should accept B, and D only He should accept A, and E only He should accept A, B, D and E Dana