Hej 53 The investment committee of a company has identified as following seven projects with positive NPV Project Initial investment (5) 1.125.000 438.000 2,700.000 46,000 675.000 120.000 375,000 30,000 1.500.000 900.000 225,000 33.000 900,000 405.000 If the board of directors has approved a $45 million capital budget for the current period which prostoud be selected Project 1 should not be selected Project 2 should not be selected Project 3 should be selected Project 4 houdt be selected Project that be selected be selected Project 6 Short Nied)