Big Mountain Co has a 12% cost of capital and a $1 miiion capital budget.
Select the best projects from the following assuming any unused funds will earn
less than 12% under a) the IRR approach and b) the NPV approach.
Tell me the reason you chose the projects
Budget: $1,000,000, cost of capital = 12%
Project	Initial Inv	IRR	PV of Inflows		NPV
A	(300,000)	12%	384,000		84,000
B	(200,000)	19%	210,000		10,000
C	(100,000)	18%	125,000		25,000
D	(900,000)	14%	990,000		90,000
E	(500,000)	13%	570,000		70,000
F	(100,000)	17%	150,000		50,000
G	(800,000)	20%	960,000		160,000