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Project Revenue (NPV) Cost (NPV) Profit (NPV) Opportunity cost 1 $4.2 million $3.7 million 2 $2.6 million $1.2 million 3 $8 million $6 million 4

Project Revenue (NPV) Cost (NPV) Profit (NPV) Opportunity cost
1 $4.2 million $3.7 million
2 $2.6 million $1.2 million
3 $8 million $6 million
4 $3.2 million $1.7 million

Fill in the two empty columns and figure out which project will be chosen and explain why.

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