please help solve

4. Your manager has given you the task of preparing the capital budget for next year. Waitland Co., the company that you work for, wants to limit next year's investment funds to $6 million. There are currently 4 projects for the company to choose from. Initial Investment ($) Expected Cash Flow per year ($) Project A 2,000,000 520,000 Project B 3,000,000 200,000 Project C 1,200,000 250,000 Project D 1,900,000 400,000 All four projects have a life of six years and are not divisible. The cost of capital is 6%. a. Which project(s) should the company undertake for investments next year, given the $6million limitation? [18 marks] b. Discuss why Waitland Co. would limit investment funds for the next year. [7 marks; Word Limit: 200 words] [Total 25 marks]