Brandt Enterprises is considering a new project that has an estimated cost of $1,000,000 and cash inflows of $350,000 each year in next 5 years. The project's WACC is 11%. After estimating the cash flows of the project, the CFO conducted a scenario analysis and found the CV (coefficient of variation) of the project's NPV is 3.26. A) Given that the CV of an average project of the company is in the range of 1.0 to 2.0, how will you interpret the result of the scenario analysis? B) If the CFO uses a subjective adjustment of 3% in the discount rate to differentiate projects with various risk levels, what will be the risk-adjusted NPV? What do you conclude from the calculation