company has 9 projects under considerations. The following table provides the cash outflows required by each project during the next two years, and the net esent value added by each project. All numbers in the table are in millions of dollars. Project 1 2. 3 4 5 6 7 8 9 cash outflow 10 9 6 6 10 6 8 8 17 cash outflow 3 7 5 3 20 6 4 3 3 esent Value (NPV) 14. 17 16 10 38 15 18 12 24 The company has $50 million available for projects during year 1, and $20 million available during year 2. The fund left over in year 1 can be used in year 2. Assume that the company may undertake a fraction of each project. Formulate an LP to help the company to maximize the NPV of its investmet plan. Using What'sBest to solve the LP, we obtain that the optimal investment plan is to undertake 10% of project 1, 20% of project 2, of project 3, of project 4, 30% of project 5, of project 6, 10% of project 7, 10% of project 9. of project 8, and 20% The maximum NPV is $ 70% million. 10$ V 108 V 109 v Save All Ansu Click Save and Submit to save and submit. Click Save All Answers to save all answers