Please zoom in if the picture is too small 7 Broxton Group, a consumer electronics conglomerate, is reviewing its annual budget in wireless technology. It

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7 Broxton 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. Assume the discount rate is 12 percent. Further, the company has only $26 million to invest in new projects this year. 5 points Year Cash Flows (in $ millions) L6 G5 Wi-Fi 8 01:54:05 0 9.0 17 $ $ 14.0 11.5 6.5 1 2 3 Skipped 26 $ 23 39 26 WN 14 28 26 eBook a. Calculate the profitability index for each investment. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the NPV for each investment. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) Print References a. L6 profitability index G5 profitability index Wi-Fi profitability index b. LO NPV G5 NPV Wi-Fi NPV

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