You are the head of the project selection team at SIMSOX.$*$ Your team is considering three different projects. Based on past history, SIMSOX expects at least a rate of return of $20$ percent.

"The solution to these exercises can be found in Appendix One.

Chapter $2$ Organization Strategy and Project Selection

$57$

Given the following information for each project, which one should be SIMSOX's first priority? Should SIMSOX fund any of the other projects? If so$,$ what should be the order of priority based on return on investment?