-48432 You are logged in as Fleurine Al Dahi You can drag and drops here to them Accepted Mile types Al file types wered of 100 cuestion Murphy Systems is considering a project for new type of handheld device that provides wireless internet connections. The cost of project is $ 50 milion, but the future cash flows depend on the demand for wireless internet connections, which is uncertain Murphy believes that there is -25% chance that demand for the new device will be very high, in which the project will generale C.F. of $33 milion each year for 3 years -50% chance of average demand, with C F of $ 25 million per year, -25% chance with low demand, with C F of $ 5 million per year Calculate the NPV of the project if the required rate of return is 14% (Hint calculate the NPV under each scenario, then multiple the NVP of each scenario by its respective probability to end up with total projects NPV) tyw B ENG 69 PM PSC 2 + - LO & 7 1 Y A 6 9 8 7 8 o Home Y ! [ AM ] C 4 LO KG