单选题
A company has a fixed $1,100 capital budget and has the opportunity to invest in the four independent projects below.
| Project | Investment outlay | NPV |
| 1 | $600 | $100 |
| 2 | $500 | $100 |
| 3 | $300 | $50 |
| 4 | $200 | $50 |
The combination of projects that provides the best choice is:
【正确答案】
C
【答案解析】
C is correct. The company should choose the combination of projects that maximizes NPV subject to the budget constraint of $1,100.
