You are a manager with an investment budget of $60MM. Which of the following projects would you choose? Project Inv (MM) PV of CF (MM) A 10 12 B 20 27 C 30 40 D 40 55 E 50 64 F 10 12 "Projects B, C, F" "Projects E, F" "Projects A, B, C" "Projects E, A" "Projects B, D""A machine, that costs $86,000 up front and $14,000 annually to maintain, will last 11 years. Find the equivalent annual cost if the required return is 8.6%." "$23,284" "$26,400" "$23,394" "$22,434" "$20,728