and Homework: Chapter 11 Homework Save Score: 0 of 1 pt 4 of 13 (complete) HW Score: 0%, 0 of 13 pts Problem 11-19 (similar to) Question Help (Risk-adjusted NPV) The Hokie Corporation is considering two mutually exclusive projects Both require an initial outlay of 12.000 and will operate for years Project will produce expected cash flows of $3,000 per year for years through whereas project will produce expected cash flow of $4.000 per year for years through 8 Became project is the risk of the two projects, the management of Hokie Corporation has decided to apply a required rate of retum of 19 percent to its evaluation but only and rate of return 7 percent in pened Determine each projects risk-adjusted not present value What is the risk adjusted NPV of project