Question: Hi please help me to solve this homework Fxercise 2.(30 points) Murphy Systems is considering a project for new type of handheld device that provides

Hi please help me to solve this homework

Hi please help me to solve this homework Fxercise 2.(30 points) Murphy

Fxercise 2.(30 points) Murphy Systems is considering a project for new type of handheld device that provides wireless internet. connections. The cost of project is $50 million, but the future cash flows depend on the demand for wireless internet connections, which is uncertain. Murphy believes that there is: Mose. chance that demand for the new device will be very high, in which the project will generate C.F. of S33 milicon each year for 3 years, - $0 ow chance of average demand, with C.F. of $25 million per year, sse" chance with low demand, with C.F. of \$ 5 million per year. Calculate the NPV of the project if the required rate of return is 14% (Hint: calculate the NPV under each scevario, then multiple the NVP of each scenario by its respective probability to end up with fotal project's NPV)

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