4 Your company is evaluation 4 mutually exclusive projects and is subject to capitad rationing. O Proiect Initial Outlay IRB NPV 1 2 million 1896 2,500,000 2 1 million 15% 950,000 3 1 million 10% 600,000 3 million 9% 2,000,000 If you must select projects subject to a budget constre of 4 million dollars, which set of projects should be accepted to as to maximize fem var 1 and 4 1 and 2 1, 2 and 3 1 only 2, 3 and 4 4 Your company is evaluation 4 mutually exclusive projects and is subject to capitad rationing. O Proiect Initial Outlay IRB NPV 1 2 million 1896 2,500,000 2 1 million 15% 950,000 3 1 million 10% 600,000 3 million 9% 2,000,000 If you must select projects subject to a budget constre of 4 million dollars, which set of projects should be accepted to as to maximize fem var 1 and 4 1 and 2 1, 2 and 3 1 only 2, 3 and 4