ABC Corp. has allocated $1,200,000 for new investment projects. The company is evaluating 8 potential projects, each with different investment costs, NPVs, and IRRs. The opportunity cost of capital is 12%. Which projects should ABC Corp. undertake to maximize NPV while staying within the $1,200,000 budget? Additionally, calculate the total market value cost incurred due to the budget limit.

Project	Investment ($thousands)	NPV ($thousands)	IRR (%)
A	300	50	14.0
B	250	30	13.5
C	400	60	15.2
D	150	20	11.8
E	350	55	14.5
F	200	25	12.0
G	100	10	10.5
H	450	70	16.0