Blaine is researching the possibility for three new markets: South Africa, Australia and Brazil. In each case a new distribution network would be needed. Set out below are the costs of these networks and the forecast NPVs of each new market. The payback period for these new network investments is 3 years. Network cost NPV of new market South Africa 13m 15m Australia 15m 22m Brazil 28m 42m Which markets should Blaine invest in if these projects are independent? What should be Blaine decision if the international expansion budget is 20m? (6 marks)