Project Cost in Year 0 A B C D E F $30m $90m $150m $30m $60m $90m Capital Rationing PV of Cash inflows $77,026,534.64 NPV $ 47,026,534.64 $167,448,988.30 $77,448, 988.34 $304,757,158.80 $150,757, 158.80 $197,586,137.30 $58,262,578.94 $28,262, 578.94 $137,586,137.30 $263,448,183.00 $173,448,183.00 Profitability Index 77,026,534.64 30,000,000 167,448,988.3 90,000,000 304,757,158.8 150,000,000 58,262,578.94 30,000,000 197,586,137.3 60,000,000 263,448,183 90,000,000 The company has $180 million to invest. Which projects should it choose? b. The company has $120 million to invest. Which projects should it choose? = 2.57 = 1.86 = = 2.03 = 1.94 = 3.29 = 2.93