Using the NPV which projects should be accepted considering the limit on funds available?If the available investment funds are reduced to only $1 000 000:Does the list of accepted projects change from Part 2?What is the opportunity cost of the eliminated $200 000?(Problem 10-41) Grosvenor Industries has designated $1.2 million for capital investment expenditures during the upcoming year. Its cost of capital is 14 percent. Any unused funds will earn the cost of capital rate. The following investment opportunities along with their required investment and estimated net present values have been identified:Project Net Investment NPV Project Net Investment NPVA $200 000 $22 000 F $250 000.00 $30 000.00B $275 000 $21 000 G $100 000.00 $7 000.00C $150 000 $6 000 H $200 000.00 $18 000.00D $190 000 -$19 000 I $210 000.00 $4 000.00E $500 000 $40 000 J $250 000.00 $35 000.00
