Essay
Use this information to answer the following questions.
A decision maker is provided with 5 different potential projects and must determine which projects to choose.The projects require different amounts of capital and different expected net present values (NPV)over the next three years.
-Refer to the information above.Determine which set of projects should be selected in order to achieve the maximum net present value if the following two conditions must also be met:
a)If project 1 is selected,then project 2 must be selected,and vice versa.
b)Since projects 4 and 5 require outsourcing various operations,the decision maker wants at most one of these projects to be included in the solution and not both.
Correct Answer:

Verified
Correct Answer:
Verified
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