b.	Calculate the NPV for each investment. CDMA: G4: Wifi:

Pixie Group, a consumer electronics conglomerate, is reviewing its annual budget in wireless technology. It is considering investments in three different technologies to develop wireless communication devices. 10 percent. Further, Pixie Group has only $31 million to invest in new projects this year. Cash Flows (in $ millions) Year CDMA G4 Wi-Fi 0 $ 9.0-$ 22-S 31 13.0 20 29 9.5 35 43 6.5 3131 2