Excel Online Structured Activity: Project risk analysis The Butler-Perkins Company (BPC) must decide between two mutually exclusive projects. Each costs $6,500 and has an expected life of 3 years. Annual project cash flows begin 1 year after the initial investment and are subject to the following probability distributions: Project A Probability Cash Flows Probability Cash Flows Project B 0.2 0.6 0.2 $6,250 0.2 0.6 0.2 $0 $6,500 $18,000 $6,750 BPC has decided to evaluate the riskier project at 11% and the less risky pro ct a 99 the spreadsheet and perform the required analysis to answer the questions below The data has been collected the Microsoft ce. Online le below pen Open spreadsheet Open spreadsheet a. What is each project's expected annual cash flow? Round your answers to two decimal places Project A: Project B: Project B's standard deviation (Og) is $5,822.37 and its coefficient of variation (CVB) is 0.78. what are the values of (a) and (CVA)? Round your answers to two decimal places CVA - b. Based on the risk-adjusted NPVs, which project should BPC choose? Project B's standard deviation (Og) is $5,822.37 and its coefficient of variation (CVB) is 0.78, what are the values of (a) and (CVA)? Round your answers to two decimal place:s b. Based on the risk-adjusted NPVs, which project should BPC choose? C. If you knew that Project B's cash flows were negatively correlated with the firm's other cash flow, but Project A's cash flows were positively correlated, how might this affect the decision? If Project B's cash flows were negatively correlated with gross domestic product (GDP), while A's cash flows were positively correlated, would that influence your risk assessment