Consider the case of another company. Turnkey Printing is evaluating two mutually exclusive projects. They both require a $$5$ million investment today and have expected NPVs of $$1,000,000.$ Management conducted a full risk analysis of these two projects, and the results are shown below.

Risk Measure

Project A

Project B

Standard deviation of project$$s expected NPVs $$400,000$ $$600,000$

Project beta $0\mathrm{.}90\mathrm{.}7$

Correlation coefficient of project cash flows $($relative to the firm$$s existing projects$)0\mathrm{.}60\mathrm{.}8$

Which of the following statements about these projects$$ risk is correct? Check all that apply.

Project B has more corporate risk than Project A$.$

Project A has more stand$-$alone risk than Project B$.$

Project A has more market risk than Project B$.$

Project A has more corporate risk than Project B$.$