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You are the head of the project selection team at SIMSOX. Your team is considering three different projects. Based on past history, SIMSOX expects
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 22 percent. Given the following information for each project, which one should be SIMSOX's first priority? Should SIMSOX fund any of the other projects? (Use the NPV function in Excel to solve this problem. Negative amount should be indicated by a minus sign.) Project: Dust Devils Year Investment Revenue Stream 600,000 0 0 WNIO 1 2 3 Project: Ospry Year Investment 350,000 0 DANMA 1 2 3 4 60,000 300,000 400,000 Revenue Stream 0 50,000 50,000 50,000 85,000 Project: Voyagers Year Investment Revenue Stream 95,000 0 OL2345 1 35,000 25,000 70,000 60,000 140,000 The NPV for Dust Devils is The NPV for Ospry is The NPV for Voyagers is How many projects should be funded?
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