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Calculate the NPV of each investment Broxton Group, a consumer electronics conglomerate, is reviewing its annual budget in wireless technology. It is considering investments in

Calculate the NPV of each investmentimage text in transcribed

Broxton 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. Consider the following cash flows of the three independent projects. Assume the discount rate is 10 percent. Further, the company has only $18 million to invest in new projects this year. Cash Flows (in $ millions) Year 0 Wi-Fi -$18 16 - $6.0 9.0 5.5 3.5 G5 -$12 10 25 18

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