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Borg Robotics Inc. is considering the following projects. Project Investment (in millions) NPV (in millions) Profitability Index (PI) A $14 $5.6 1.4 B $17 $3.4
Borg Robotics Inc. is considering the following projects.
Project | Investment (in millions) | NPV (in millions) | Profitability Index (PI) |
A | $14 | $5.6 | 1.4 |
B | $17 | $3.4 | 1.2 |
C | $19 | $9.5 | 1.5 |
D | $16 | $12.8 | 1.8 |
Suppose that Borg only has $61 million to invest in new projects. Which projects should it select to maximize the company's value?
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A, C, and D
A, C, and D
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A, B, and D
A, B, and D
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B, C, and D
B, C, and D
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A, B, and C
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