expenditures. should the company accept to stay within the $1,000,000 budget? The opportunity cost of capital for each project is 11% Project Investment($thousands) NPV($thousands) IRR(%) 1 300 2 66 2 200 17.2 3 40 250 10.7 4 43 100 16.6 5 14 100 12.1 7 350 11.8 63 400 18 48 13.5 Projects 1 and 6 Projects 1.2.4 and 6 Projects 1.3 and 6 Projects 1.3 and 4 Projects 1.2.3 and 6 Projects 5, 6 and 7 expenditures. should the company accept to stay within the $1,000,000 budget? The opportunity cost of capital for each project is 11% Project Investment($thousands) NPV($thousands) IRR(%) 1 300 2 66 2 200 17.2 3 40 250 10.7 4 43 100 16.6 5 14 100 12.1 7 350 11.8 63 400 18 48 13.5 Projects 1 and 6 Projects 1.2.4 and 6 Projects 1.3 and 6 Projects 1.3 and 4 Projects 1.2.3 and 6 Projects 5, 6 and 7