Question 2 Score 0 The following projects are being considered by the Corporate Investment Committee who has an investment budget of $1,000,000. The

The following projects are being considered by the Corporate Investment Committee who has an investment budget of $1,000,000. The budget restriction is for the up front investments in the current year only. Project approval will be granted if the payback is achieved within 3 years. The MARR used for the evaluation should be 12%. The corporate criteria is that projects should pay back their investment in 4 years. See attached worsheet.