2. A company faces the following investment alternatives: Project I II III IV V Capital Investment Cash Flows from Investment $7 million $1.2 million per year for 15 years $12 million $1.5 million per year for 15 years $16 million $2.2 million per year for 15 years $10 million $1.4 million per year for 20 years $11 million $1.6 million per year for 20 years If the company's budget is $30 million, use the profitability index to determine the best combination of investments, given a cost of capital of 7%. (4 marks)