You have been provided with the following details regarding potential capital investment projects for the current period.

project	Initial Investment($M)	NPV Net Cash Flws($M)
Orian	4.00	12.40
Beta	10.00	16.80
Vega	6.00	-6.12
Epsilon	2.00	3.75
Tau	7.00	9.00
Pi	5.00	3.00

1. 
   
2.  Given that you face a capital constraint of $20 million, which projects should you accept? Are all capital funds expended ?