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7. You have a capital budget constraint of $600,000, you cannot take part of a project. Which projects do you accept? Project Initial Outlay Profitability

7. You have a capital budget constraint of $600,000, you cannot take part of a project. Which projects do you accept? Project Initial Outlay Profitability Index NPV A $100,000 2.4 $140,000 B $300,000 2.3 $390,000 C $400,000 2.2 $480,000 D $150,000 1.3 $45,000 E $100,000 1.2 $20,000 A) A, C, and D B) A, C, and E C) A, B, and C D) A, B, and D

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