Question: Q1 (20 points) Consider a project selection problem with 10 available projects, which have the data shown in the table below Project 2 3 4

Q1 (20 points) Consider a project selection
Q1 (20 points) Consider a project selection problem with 10 available projects, which have the data shown in the table below Project 2 3 4 5 6 7 8 9 10 NPV ($m 31 12 26 41 27 23 39 49 22 20 Initial Cost (m) 13 14 11 15 10 19 16 17 23 14 1 The total budget hvailable to meet the Initial Cost is $71.5m. a. (8 points) Assume that, in selecting projects, you must choose all or nothing of a project (i.e., not a fraction of it). Develop and solve a computer model that maximizes the total NPV of the selected projects. Include your solution in the Word document

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