You are in charge of one division of Yeti Surplus Inc. Your division is subject to capital rationing. Your division has 4 indivisible projects available, detailed as follows: Project Initial Outlay IRR NPV 1 2 million 18% 2,500,000 N 1 million 15% 950,000 3 3 1 million 10% 600,000 3 million 9% 2,000,000 If you must select projects subject to a budget constraint of 5 million dollars, which set of projects should be accepted so as to maximize firm value? Project 1 only Projects 1 and 4 C Projects 1, 2 and 3 Projects 2.3 and 4