John Q. Enterprises is considering two potential investments. The probability distributions of annual end-of-year cash flows for the respective projects are: Both projects will require an initial outlay of $45,000 and will have an estimated life of 6 years. Project A is considered a riskier investment and will have to have a risk-adjusted required rate of return of 15%, while Project B 's risk-adjusted required rate of return is 12%. a. Determine the expected value of each project's annual cash flow. b. Determine each project's risk-adjusted net present value