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I am working on the below problem: Problem 11-15 Risky Cash Flows The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each

I am working on the below problem:

Problem 11-15 Risky Cash Flows

The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each project costs $7,500 and has an expected life of 3 years. Annual net cash flows from each project begin 1 year after the initial investment is made and have the following probability distributions:

PROJECT A PROJECT B
Probability Net Cash Flows Probability Net Cash Flows
0.2 $7,000 0.2 $ 0
0.6 6,750 0.6 6,750
0.2 8,000 0.2 20,000

BPC has decided to evaluate the riskier project at a 12% rate and the less risky project at a 8% rate.

  1. What is the expected value of the annual net cash flows from each project? Do not round intermediate calculations. Round your answers to nearest dollar.
    Project A Project B
    Net cash flow $ 7050 $ 8050
    What is the coefficient of variation (CV)? Do not round intermediate calculations. (Hint: B=$6,522 and CVB=$0.81.)
    (to the nearest whole number) CV (to 2 decimal places)
    Project A $ 485 .07
    Project B $ 6522 .01
  2. What is the risk-adjusted NPV of each project? Do not round intermediate calculations. Round your answer to the nearest dollar.
    Project A $
    Project B $

I know my answers to part A are correct but calculations for risk-adjusted NPV are wrong. Here's how I am calculating it. What I am doing wrong?

My equation for NPV =

Project A = NPV(.08, SUM:Year 0 - Year 3 cash flows)+-7500

Project B = NPV(.12, SUM:Year 0- Year 3 cash flows) + -7500

Rate A 8%
Rate B 12%
0 1 2 3 NPV
Project A -7,500 7,000.0 6,750.0 8,000.0 11,119
Project B -7,500 0.0 6,750.0 20,000.0 12,117

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