Financial Management(Please explain to get this answer)

CF ro (12.2) (1 + RADRY risk-adjusted discount rate (RADR) The rate of return that must be earned on a given project to compensate the firm's owners adequately, that is, to maintain or improve the firm's share price 7 Cash Flow 8 Initial Investment 9 Cash Flow 1 10 Cash Flow 2 11 Cash Flow 3 12 Cash Flow 4 13 Cash Flow 5 14 Cash Flow 6 15 Cash Flow 7 16 Cash Flow 8 17 Cash Flow 9 18 Cash Flow 10 19 Cash Flow 11 20 Cash Flow 12 21 Cash Flow 13 22 Cash Flow 14 23 Cash Flow 15 24 Cost of Capital 25 RADR 26 NPV 27 NPVA ProjectA Project A Proiect A 10000 10000 1600 1700 1800 1900 10000 500 700 900 1100 1300 2100 2150 2100 2300 2350 2400 2450 1700 1900 2100 2300 2300 2400 2600 2700 2800 2550 2600 2650 2700 10.0% 12.0% 2700 3100 3300 10.0% 14.0% 10.0% 10.0% 29 31 32 35