Determine the number of acceptable mutually exclusive bundles for the four independent projects described below if the investment limit is $400,000 and the following project selection restriction applies: Project 1 can be selected only if projects 3 and 4 are selected. (a) <7 (b) 7 (c) 10 (d) 12 Initial Project Investment, $ 1 −100,000 2 −150,000 3 −75,000 4 −235,000

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Determine the number of acceptable mutually exclusive
bundles for the four independent projects
described below if the investment limit is $400,000
and the following project selection restriction applies:
Project 1 can be selected only if projects
3 and 4 are selected.
(a) <7 (b) 7 (c) 10 (d) 12
Initial
Project Investment, $
1 −100,000
2 −150,000
3 −75,000
4 −235,000

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