A private equity firm is considering five competing projects in which to invest in the upcoming quarter. The firm needs to decide how to allocate its available capital based upon the combination of projects (denoted as 1 to 5) selected to maximize returns (based upon net present value (NPV)). Table 1 below presents the capital requirements and the NPV for each project, along with the associated risk (given as a percentage of the initial investment). The company has $43 million in capital to allocate, with the goal of having an average associated risk of no more than 5%. There are some additional constraints to be met: (i) if project 2 is selected, then project 5 is also selected; (ii) either project 1 is selected or project 1 selected, but not both; (iii) at least one of projects 1, 2, and 4 is selected.

Setup and solve the problem in the adjacent 'Solver Solution Q2' worksheet and generate the answer report. (I need the exes solution using Solver) Thanks

Only need to solve this question in excel using solver. would be great to have screenshots of excel showing how to get the answer using excel. thanks