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2 . 2 Suppose a company has a limited investment budget of R 2 0 0 0 0 0 0 and management has identified four

2.2 Suppose a company has a limited investment budget of R2000000 and management has identified four independent projects shown in the table below. Assume the projects are divisible (i.e. a fraction of a project can be done).
\table[[Project,Cost,NPV at 14%],[A,R2000000,R180000],[B,R1200000,R132000],[C,R500000,R78000],[D,R800000,R106000]]
Given the limited capital budget, which project(s) should the company invest in and what is the NPV resulting from the selected project(s)? Show all relevant calculations.
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