A Firm Is Considering the Following Independent Investments In the Absence of Capital Rationing, What Is the Total

A firm is considering the following independent investments: $$\begin{array} { | c | c | c | c | } \hline \text { Project } & \text { Investment } & \text { NPV } & \text { PI } \\\hline \mathrm { F } & \$ 50 \mathrm { M } & \$ 1.00 \mathrm { M } & 1.02 \\\hline \mathrm { G } & \$ 80 \mathrm { M } & \$ 4.40 \mathrm { M } & 1.06 \\\hline \mathrm { H } & \$ 60 \mathrm { M } & \$ 4.00 \mathrm { M } & 1.07 \\\hline \mathrm { I } & \$ 70 \mathrm { M } & ( \$ 3.00 \mathrm { M } ) & 0.96 \\\hline \mathrm { J } & \$ 40 \mathrm { M } & \$ 1.30 \mathrm { M } & 1.03 \\\hline\end{array}$$ In the absence of capital rationing, what is the total NPV of the projects that should be selected? Which projects should be selected if the company only has $200M to invest?

A) $7.70; F, G, H, J
B) $7.70; G, H, J
C) $10.70; F, G, H, J
D) $10.70; G, H, J
E) $13.70; F, G, H, J