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6) Consider the six projects given in problem (1) of HW 2A. Assume that the investor has
the opportunity of borrowing additional funds at t = 1 only. The cash flows for this
borrowing opportunity are predetermined and as follows:
Formulate this problem with the objective of maximizing the total NPV of the
projects selected. Assume that the projects can be fractionally funded. Use the same budget
constraints at t =0 and t = 1, given in the previous problem. MARR = 20 %.
A $ 1000 $ 240
B $ 800 $ 190
C $ 1500 $ 310