(b) A corporation is considering four possible investment opportunities. The following table presents information about the investment (in Rs thousand) profile: Project Present value of Capital Required Year-wise by expected return projects Year 1 Year 2 Year 3 1 650 700 550 400 2 700 850 550 350 3 225 300 150 100 4 250 350 200 - Capital Available 1200 700 400 for investment In addition projects I and 2 are mutually exclusive and project 4 is contingent on the prior acceptance of project 3. Formulate an P model to determine which project should be accepted and which should be rejected to maximize the present value from accepted projects (13)

How do I find the set of equations?

how do I post the second part?

Please write the steps of this question and circle the answer so that I can understand. Please write the answer in an organized way if possible so that I can understand and identify the numbers. For each step, please specify which answer corresponds to which step. I appreciate your understanding. This question has several steps and I have sent you both pages. Please, if possible, write the step by step and circle the answer so that I don't get lost. Please tell me what the answer to each question is about.