6. 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 20 percent. 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? If so, what should be the order of priority based on return on investment? Recording Project: Time Fades Away Investment $600.000 Year 0 1 2 3 Revenue Stream 0 600,000 75,000 20,000 15,000 10,000 5 Recording Project: On the Beach Year Investment $400,000 0 1 2. 3 4 5 Revenue Stream 0 400,000 100,000 25,000 20,000 10,000 Recording Project: Tonight's the Night Investment $200,000 Year 0 1 2 3 4 5 Revenue Stream 0 200,000 125,000 75,000 20,000 10,000