FORMULA APPROACH ONLY- No Excel or Calculator

The butler-Perkins Company (BPC) must decide between two mutually exclusive projects. Each project has an inital after-tax cash outflow of $6,750 and has an expected life of 3 years. Annual project aftertax cash flows begin 1 year after the initial investment and are subject to the following probability distributions: BPC has decided to evaluate the nskier project at 12% and the less nsky project at 8%. a. What is each project's expected annual after-tax cash flow? Round your answers to the nearest cent. ProjectA:Brojecto:$ Project B/s standard deviation (a) is $5,444 and its coelficent of variation (CV0) is 0.73. What are the values of A and CVA ? Do not round intermediate calculations. Round your answer for standard deviation to the nearest cent and for coefficient of varatien to two decimal places