Murphy Systems is considering a project for new type of handheld device that provides wireless internet connections. The cost or project is $ 50 million, but the future cash flows depend on the demand for wireless internet connections, which is uncertain Murphy believes that there is -25% chance that demand for the new device will be very high, in which the project will generate C.F. of $39 milion each year for 3 years -50% chance of average demand, with C.F. of $ 25 million per year. -25% chance with low demand, with C.F. of 5 million per year Calculate the NPV of the project if the required rate of return is 14% (Hint calculate the NPV under each scenario, then multiple the NVP of each scenario by its respective probability to end up with total project's NPV), Select one 2. (5 34.000.000) 5 $ 1.000.000 C$ 1.070,000 d. 5 1.075,000 e Different answer 1 56.600.000