VietFresh JSC is a manufacturing company located in Vietnam. Its board has approved an investment fund of USD 1 million for expanding the company in new business activities. The CFO of the company is assigned the task to assess the different possible projects identified and recommended by the Marketing and Sales Department (MSD) and choose the most feasible set of projects that will maximise the collective net present value (NPV) for the company. The MSD has recommended FIVE projects as below for the CFO's consideration. Each of these projects have a useful life of THREE years, after which they do not have any use (i.e. their scrap value is zero). The predicted cashflows for each project are provided in the respective column followed by their respective NPVs (at discount rate of 10 percent) in the last row. Please note that these projects are NON-DIVISIBLE and all cashflows are expressed in Thousand US Dollars. Required: Assume that you are the CFO of VietFresh JSC. Assess which set of projects you will choose to maximise the collective net present value out of this investment fund? You must show all your necessary workings on the answer-sheet and your assessm that be based on your workings. You shall also explicitly discuss any underlying assumptions made in the process of making decision. (25 marks)