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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 21 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 0 530,000 1 2 W N O Revenue Stream 0 35,000 265,000 365,000 Project: Ospry Year Investment 0 280,000 1 2 3 Revenue Stream o 48,000 48,000 48,000 65,000 Project: Voyagers Project: Ospry Year Investment 0 280,000 1 2 3 4 Revenue Stream 0 48,000 48,000 48,000 65,000 Project: Voyagers Year Investment 0 81,000 1 2 3 4 5 Revenue Stream 0 21,000 25,000 56,000 53,000 147,000 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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