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initial investment and are subject to the following probability distributions: BPC has decided to evaluate the riskier project at 12% and the less-risky project at

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initial investment and are subject to the following probability distributions: BPC has decided to evaluate the riskier project at 12% 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: $ coefficient of variation to two decimal places. A CVA: b. Based on the risk-adjusted NPVs, which project should BPC choose

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