company estimates the project A's NPV is $20 million and the Project B's NPV $ 25 million. This estimate assumes that the economy and market conditions will be average over the next few years. The company's CFO, however, forecasts there is only a 40% chance that the economy will be average. Recognizing this uncertainty, she has also performed the following scenario analysis: Economic Scenario Probability of outcome Project A's NPV ($M) Project B's NPV ($M) Recession 0.1 - 10 - 15 Average 0.4 20 25 Above Average 0.4 45 35 Boom 0.1 70 75 a) What is the project A's expected NPV, its standard deviation, and its coefficient of variation? b) What is the project B's expected NPV, its standard deviation, and its coefficient of variation? c) Which project would you choose? Why? (1-2 sentences)