XYZ Inc. has a capital budget of $750,000. Below are five potential projects. The company's cost of capital is 12%.

Project	Cost ($thousands)	NPV ($thousands)	IRR (%)
A	300	40	10.5
B	150	20	12.8
C	250	30	14.2
D	200	-5	8.7
E	100	15	11.9

Requirements:

1. Select projects to maximize NPV without exceeding the budget.
2. Compute the cumulative NPV for the chosen projects.
3. Assess the impact of the chosen projects on the company's overall value.