You are the head of the project selection team. Your team is considering 3 different projects. Based on past history, your company expects at least a rate of return of 20%. Given the following information on each project, which one should the the 1st priority? Should the company fund any of the other projects? If so, what would be the order of priority based on the return on investment? Project: Dust Devils Year Inflows Outflows Net flow Discount Factor NPV 0 500,000 1 50,000 2 250,000 Year Inflows Outflows Net flow Discount Factor NPV 3 350,000 Project:: Ospry Year 2 3 Year Inflows Outflows Net flow Discount Factor NPV Project Voyagers Inflows Outflows Net flow Discount Factor NPV Year 0 250,000 1 75,000 2 75,000 3 75,000 4 50,000 0 Year Inflows Outflows Net flow Discount Factor NPV Inflows Outflows Net flow Discount Factor NPV 0 75,000 1 15,000 2 25,000 3 50,000 4 50,000 150,000 0 1 2 3