4. The chemical division of a company has a capital budget for 2016 of GHC1,000,000. The following capital investment proposals are submitted to the capital budgeting committee: IA 1.17 Project Profitability Index Investment (GhC) 1.20 200,000 B 1.18 200,000 100,000 D 1.10 300,00 ,E 1.15 200,000 F 1.13 200,000 G 1.19 400,000 H 1.21. 100,000 I 1.22 100,000 J 1.16 100,000 The company's cost of capital is 15% per annum. If Project B and H are mutually exclusive; project A and E are mutually dependent, which projects should the capital budgeting committee choose? (15 marks)