You Must Choose Between the Following Projects $\bullet$ Project Alpha Requires an Initial Investment of $10 Million and Requires

You must choose between the following projects.
$\bullet$ Project Alpha requires an initial investment of $10 million and provides an NPV of $4 million.
$\bullet$ Project Bravo requires an investment of $7 million and provides an NPV of $4 million.
$\bullet$ Project Charlie requires an investment of $8 million and provides an NPV of $4 million.
$\bullet$ Project Delta, contingent on project Alpha, requires an investment of $5 million and provides an NPV of $4.5 million.
If you only have $15 million in available capital, which projects will you select?

A) Projects Alpha and Delta
B) Projects Bravo and Charlie
C) Projects Bravo and Delta
D) Projects Charlie and Delta