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Please provide Excel formulas. Page 54 6. You are the head of the project selection team at Broken Arrow records. Your team is considering three

image text in transcribedimage text in transcribedPlease provide Excel formulas.

Page 54 6. You are the head of the project selection team at Broken Arrow records. Your team is considering three different recording projects. Based on past history, Broken Arrow expects at least a rate of return of 20 percent Given the following information for each project, which one should be Broken Arrow's first priority? Should Broken Arrow fund any of the other projects? If so, what should be the order of priority based on return on investment? Recording Project: Time Fades Away Year Investment Revenue Stream 0 $600,000 0 600,000 75,000 20,000 15,000 10,000 4

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