EX$2-5($Algo$)$ You are the head of the project...

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 $23$ 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

Project: Ospry

Project: Voyagers