Consider the results from analyzing the following five projects:

Suppose there is a limit on the capital budget of $600,000. Which projects should we invest in given our capital budget? 10. Consider these three independent projects:

(a)
If there is no limit on the capital budget, which projects would you choose? Why?
(b)
If there is a limit on the capital budget of $300,000, which projects would you choose? Why?LO2

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Project Outlay NPV AA $300,000 $10,000 BB 400,000 20,000 CC 200,000 10,000 DD 100,000 10,000 EE 200,000 -15,000