The following table gives the available projects (in $millions) for a firm. A 96 146 B C D 26 66 56 76 71 -16 E 156 36 F G 46 38 Initial investment 26 16 NPV If the firm has a limit of $234 million to invest, what is the maximum NPV the company can obtain?

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter10: The Basics Of Capital Budgeting: Evaluating Cash Flows
Section: Chapter Questions
Problem 23SP: Start with the partial model in the file Ch10 P23 Build a Model.xlsx on the textbooks Web site....
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The following table gives the available projects (in $millions) for a firm.
A
96
146
B
C
D
26
66 56
76 71 -16
Multiple Choice
224
If the firm has a limit of $234 million to invest, what is the maximum NPV the
company can obtain?
307
331
E
156
36
383
F
G
46 26
38 16 NPV
Initial investment
Transcribed Image Text:The following table gives the available projects (in $millions) for a firm. A 96 146 B C D 26 66 56 76 71 -16 Multiple Choice 224 If the firm has a limit of $234 million to invest, what is the maximum NPV the company can obtain? 307 331 E 156 36 383 F G 46 26 38 16 NPV Initial investment
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