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PLEASE ANSWER EVERY PART!!!! QUESTION 7 6.6 Your company is evaluation 4 independent projects and is subject to capital rationing, detailed as follows: Project Initial

PLEASE ANSWER EVERY PART!!!!

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QUESTION 7 6.6 Your company is evaluation 4 independent projects and is subject to capital rationing, detailed as follows: Project Initial Outlay IRR NPV 2 million 1 million 1 million 3 milliorn 18% 15% 10% 9% 2,500,000 950,000 600,000 2,000,000 2 4 If you must select projects subject to a budget constraint of 5 million dollars, which set of projects should be accepted so as to maximize firm value? None of the answers given is correct. Projects 2, 3 and 4 Projects 1 and 4 Projects 1, 2 and

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