If possible write out formulas or something more than excel so I can learn. DUE at 12

8. Problem 12.12 (Project Risk Analysis) the initial investment and are subject to the following probability distributions: BPC has decided to evaluate the riskier project at 11% and the less-risky project at 8%. a. What is each project's expected annual after-tax cash flow? Round your answers to the nearest cent. Project A: Project B: and for coefficient of variation to two decimal places. A: CVA: b. Based on the risk-adjusted NPVs, which project should BPC choose