A company can spend a maximum of $10 million on new projects. The following projects are available. Which ones should they choose? Use the profitability index method to solve this problem. Project Initial Investment NPV A - 1 million 3 million 2 million 4 million 3 million 2 million 500,000 250,000 400,000 800,000 200,000 100,000 E F O A, B, C and D OB, D and E O A, D, E and F OB, C, E and F