Ukon Ltd is considering two competing projects. Details of each project are as follows:

• Project A has a 0.8 probability of producing a negative NPV of £500,000, a 0.1 probability of producing a positive NPV of £1.0 million, and a 0.1 probability of producing a positive NPV of £5.5 million.
• Project B has a 0.2 probability of producing a positive NPV of £125,000, a 0.3 probability of producing a positive NPV of £250,000, and a 0.5 probability of producing a positive NPV of £300,000.

What is the expected net present value of each project?