An electronics division has the opportunity to invest in two projects for the coming year: a digital telephone answering machine and a portable video game player. The outlay required for each investment, the dollar returns, and the ROI follow: Answering Machine Video Game Player Investment $I 0,000,000 $4,000,000 Operating profit $1,300,000 $640,000 ROI 13% 16% The division is currently earning an ROI of 18 percent, using operating assets (invested capital) of $75 million; operating profit on the current investment is $13.5 million. The division has approval to request up to $15 million in new investment capital. Corporate headquarters requires that all investments earn at least I2 percent. [This rate represents the amount the corporation must earn to cover the cost of acquiring the capital.) The weighted average cost of capital for the company is I2 percent