Sydney Corporation is considering the following projects, all of which are independent of one another. Available funds are limited to $1 million in this capital budgeting period. If the goal of the firm is to maximize shareholder wealth, which projects should definitely NOT be accepted Project Initial Outlay PV of Cash Inflows 1 $650,000 $600,000 2 500,000 625,000 3 400,000 450,000 4 300,000 350,000 250,000 275,000 200,000 235,000 150,000 140,000 50,000 52,500 5678
