#5. Evaluate the following projects, given a $200 million budget, project A costs $200 million and A's present value of net cash flows after tax is $255 million, Project B has an Initial Outlay of $120 million with a present value of net cash flows of $210 million, and project C's cost is $80 million with a present value of net cash flows of $145 million.

Accept projects B and C

Accept Projects A and B

Accept projects A and C

Reject all three

None of the above