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23 EX2-6 (Aigo) You are the nead or the project... 436 points Sepped You are the head of the project selection team at Broken

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23 EX2-6 (Aigo) You are the nead or the project... 436 points Sepped You are the head of the project selection team at Broken Arrow Records. Your team is considering three different recording projects. Based on past history, Broken Arrow expects at least a rate of return of 22% Given the following information for each project, which one should be Broken Arrow's first priority? Should Broken Arrow fund any of the other projects? (Use the NPV function in Excel to solve this problem). Project Time Fades Away Book Tear Investment Revenue Strean 200,000 0 Print References 200,000 90,000 15,000 17,000 11,000 Project: On the Beach Year Investment Revenue Stream 500,000 500,000 105,000 20,000 26,000 11,000 Project Tonight's the Night Help Save & Exit Submit Check my work

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