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1. [10 pts] Use the table below to find the set of projects that would maximize the net present value if you had $1.5 million
1. [10 pts] Use the table below to find the set of projects that would maximize the net present value if you had $1.5 million to spend. Present Value of Present Value of Costs Net Present Value of Benefit-Cost Project Benefits ($1,000) ($1,000) Net Benefits ($1,000) Ratio 400 250 150 1.60 A B 800 250 550 3.20 500 250 250 2.00 D 350 250 100 1.40 E 360 250 110 1.44 F 1100 500 600 2.20 G 800 500 300 1.60 H 600 500 100 1.20 1000 500 500 2.00 J 1250 500 750 2.50 K 800 750 50 1.07 L 1000 750 250 1.33 M 1500 750 750 2.00 N 900 750 150 1.20 O 1100 750 350 1.47 2300 1000 1300 2.30 List the set of projects, the total cost of all of the projects, and the net benefits of the project
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