The document presents three projects with varying levels of risk: Project H (high risk) has a cost of capital of 16% and an IRR of 18%, Project M (medium risk) has a cost of capital of 14% and an IRR of 13%, and Project L (low risk) has a cost of capital of 8% and an IRR of 9%. The information is intended for evaluation based on the residual dividend model. Answers should be provided to two decimal places.