ABC Corporation has $1,000,000 allocated for capital expenditures. The company is evaluating 6 projects. The opportunity cost of capital is 10%.

Project	Investment ($thousands)	NPV ($thousands)	IRR (%)
1	250	60	14.5
2	300	-10	8.2
3	150	20	11.3
4	400	55	15.7
5	200	35	13.0
6	100	10	9.0

Requirements:

1. Which projects should the company accept to stay within the $1,000,000 budget?
2. Calculate the total NPV for the selected projects.
3. Determine the cost of the budget limit in terms of market value.