Like most firms in its industry, Culinary Cafe uses a subjective risk assessment tool of its own design. The tool is a simple index by which projects are ranked by level of perceived risk on a scale of 0-10. The scale is recreated in the following table. Risk index 0 1 2 3 4 5 6 7 8 Required return 3.9% (current risk-free rate) 4.5 5.1 5.7 6.3 6.9 (current IRR) 7.5 8.1 8.7 The firm is analyzing two projects based on their RADRs. Project Pita requires an initial investment of $11,600 and is assigned a risk index of 7. Project Grape Leaf requires an initial investment of $7,800 and is assigned a risk index of 8. The two projects have 8-year lives. Pita is projected to generate cash inflows of $5,700 per year. Grape Leaf is projected to generate cash inflows of $4,000 per year. Use each project's RADR to select the better project. Like most firms in its industry, Culinary Cafe uses a subjective risk assessment tool of its own design. The tool is a simple index by which projects are ranked by level of perceived risk on a scale of 0-10. The scale is recreated in the following table. Risk index 0 1 2 3 4 5 6 7 8 Required return 3.9% (current risk-free rate) 4.5 5.1 5.7 6.3 6.9 (current IRR) 7.5 8.1 8.7 The firm is analyzing two projects based on their RADRs. Project Pita requires an initial investment of $11,600 and is assigned a risk index of 7. Project Grape Leaf requires an initial investment of $7,800 and is assigned a risk index of 8. The two projects have 8-year lives. Pita is projected to generate cash inflows of $5,700 per year. Grape Leaf is projected to generate cash inflows of $4,000 per year. Use each project's RADR to select the better project