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Orchid Biotech Company is evaluating several different development projects for experimental drugs. Although the cash flows are difficult to forecas come up with the following

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Orchid Biotech Company is evaluating several different development projects for experimental drugs. Although the cash flows are difficult to forecas come up with the following estimates of the initial capital requirements and NPVs for the projects. Given a wide variety of staffing needs, the compa the number of research scientists required for each development project (all cost values are given in millions of dollars). the cash flows are ditocult to toreca Project Number Thiti Initial Capital Number of Research Scientists NPV ($) 10 = = 10.1 19.0 22.0 25.0 60.2 > > a. Suppose that Orchid has a total capital budget of $60 million. How should it prioritize these projects? b. Suppose that Orchid currently has 12 research scientists and does not anticipate being able to hire more in the near future. How should Orchid a. Suppose that Orchid has a total capital budget of $60 million. How should it prioritize these projects

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