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Suppose there is a budget constraint of 40 for six indivisible and mutually exclusive projects listed below. Which of the following options is the best

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Suppose there is a budget constraint of 40 for six indivisible and mutually exclusive projects listed below. Which of the following options is the best using the NPV rule? PV(B) PV(C) NPV Project A 25 10 15 Project 60 48 12 B Project 75 39 36 C Project 45 25 D 20 Project 40 28 12 F Project 30 22 8 F O Project B O Project C O Project D O project A

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