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Consider the following list of projects: A 135,000 6,000 B 200,000 30,000 C 125,

ID: 2817931 • Letter: C

Question

Consider the following list of projects:

A

135,000

6,000

B

200,000

30,000

C

125,000

20,000

D

150,000

2,000

E

175,000

10,000

F

75,000

10,000

G

80,000

9,000

H

200,000

20,000

I

50,000

4,000

Assume that your capital is constrained, so that you only have $500,000 available to invest in projects. If you invest in the optimal combination of projects given your capital constraint, then the total NPV for all the projects you invest in will be closest to:

$111,000

$80,000

$58,000

$69,000

Project Investment NPV

A

135,000

6,000

B

200,000

30,000

C

125,000

20,000

D

150,000

2,000

E

175,000

10,000

F

75,000

10,000

G

80,000

9,000

H

200,000

20,000

I

50,000

4,000

Explanation / Answer

To select the projects which maximize the NPV, we should select the projects which have a lower cost and higher NPV which can be found out using the ratio (NPV/Investment)

Projects to invest in - B, C, F, and G. (These projects have the highest NPV to Investment ratio)

NPV = 55000

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