2 4 points A company is planning to invest capital in one or more of three projects, X, Y and Z. The estimated net present value (NPV) and annual capital requirements (ACR) for these projects are: Project NPV ($k) ACR ($k) Yr1 Yr2 750 250 100 Y 300 75 75 Z 500 0 175 The maximum capital available in Yr1 is $350k, and in Yr2 is $200k. Which project(s) should be proceeded with by the company? None X Y Z Previous Next