arm-Up 11-5 (similar to) Question Hel 4.2 4.6 5.0 5.4 5.8 (current IRR) 6.2 6.6 7.0 7.4 7.8 9 10 The firm is analyzing two projects based on heir RADRs. Project Pita requires an initial investment $12400 and is assigned a risk index of 4. Project Grape Leaf requires an initial investment of $7.400 and is assigned a risk index of 7, The two projects have 7-year lives. Pita is projected to generate cash inflows of $6.200 per year. Grape Leaf is projected to generate cash inflows of $4,800 per year. Use each projects RADR to select the better project. The NPV for project Pla is (Round to the nearest cent.) Like most firms in its industry, Culinary Cafe uses a subjective risk assessment tool of its own design. The tool is a simple index by which projects are ranked by level of perceived risk on a scale of 0-10. The scale is recreated in the following table. Required return Risk index O 3.8% (current risk-free rate) 4.2 4.6 5.0 5.4 5.8 (current IRR) 6.2 6.6 8 7. The NPV for project Pita is $ (Round to the nearest cent)