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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 at

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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 at least a rate of return of 20 percent. Given the following information for each project: Project: Dust Devils 0 1 2 4 5 Year Costs Benefits 0 0 500,000 0 3 0 350,000 0 50,000 250,000 0 100,000 150,000 Project: Osprey Year 0 1 2 3 4 Costs 0 250,000 0 5 0 0 Benefits 0 75.000 75.000 0 50,000 75.000 50,000 Project: Voyagers Year 0 1 2 3 5 75,000 0 Costs Benefits 0 15,000 0 0 0 0 50,000 25,000 50.000 150.000 Use NPV, ROI, IRR, and PBP: Which one should be SIMSOX's first priority? Why? Should SIMSOX fund any of the other projects? If so, what should be the order of priority based on return on investment

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