Hanmi 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 available to the company. Assume the discount rate for all projects is 8 percent. Further, the company has only $27 million to invest in new projects this year.

Henmi Group, a (ml-laureat- electronioe oongimnerat'e, In reviewing its annual budget in wired-e tebhnoiogy. It is considering investments in three Ilierent teehnologiu to deveiop wireless eemrnunioalie'l denes. Consider the foliowing cash Elm-.15 of the three Independent projeoteevaiiehle to the company Assume the discount rete for all projects is 3 percent. Further. the company has only $2? milon to Invest in new pmgleote this year. Cash Flues [in S millions] n 5 799211527 1 11 1a ' 25 2 11.5 9.3 as a 4.5 27 117 F' e. Galoulate the protability index for each lnveetmenL [Do not round intermediate ealeuletiene and round your mom to 2 decimal places, 13.. 31.16.] CDMA WiFi h. Galetatae the NW for each lnveatmenl. [Enter your anlwere in dollars. not Inllllene of dollars. 1115.. 1,234,557. Do not round intone-dale calculations and round your ensure to 2 holmal planes. e.g.. 32.1%.] come a j 1 G4 .;_| won 5 i _|