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Consider the following list of projects: Project Investment NPV A $405,000 $18,000 B 600,000 90,000 C 375,000 60,000 D 450,000 6,000 E 525,000 30,000 F

Consider the following list of projects:

Project Investment NPV

A $405,000 $18,000

B 600,000 90,000

C 375,000 60,000

D 450,000 6,000

E 525,000 30,000

F 225,000 30,000

G 240,000 27,000

H 600,000 60,000

I 150,000 12,000

J 270,000 30,000

You are given a budget of only $1,800,000 to invest in projects. Which projects will you select, in what order will you select them, and why? To use as much as the budget and get a higher total NPV, how will you change your answer?

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