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The following table gives the available projects (in $millions) for a firm. A B C D E F G 90 20 60 50 150 40

The following table gives the available projects (in $millions) for a firm.

A

B

C

D

E

F

G

90

20

60

50

150

40

20

Initial investment

140

70

65

10

30

32

10

NPV

If the firm has a limit of $210 million to invest, what is the maximum NPV the company can obtain?

Explain how you decided to prioritize the projects (i.e. use Profitability Index or just reference NPV)

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