Ches Project 1 2 3 4 5 6 Investment Required $5,500,000 2,380,000 1,690,000 1,150,000 790,000 360,000 Expected Return $1,160,000 644,000 135,200 126,500 126,400 90,000 The vice-president has to decide which of the proposed projects to include in the transport division's submission Mushi has a cost of capital of 10%. The transport division has been allocated $8.50 million for capital investment purposes Required: 1. Calculate, for each project, the expected ROI and the Ri, (Negative amounts should be entered with a minus sign) ROI RI Project 1 70 2 3 4 96 96 %6 % 96 5 6 2. Which project or projects should be included in the submission to the corporate head office based on the following two criteria? ROI RI Project 1 2 3 4 5 6