Mc Backster is tikely to hold the apartment complex of his choice for about 20 years and will use this period for decision-making purposes. Either apartment can be purchased for $180,000 Mr. Backster uses a risk-odjusted discount rate approach when evaluating investments. His scale is related to the coefficient of variation (for other types of investments, he also considers other measures) a. Compute the risk-adjusted net present yalue for Windy Acres and Hillcrest Apartments. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answers to nearest whole dollar.) a. Compute the risk-adjusted net present value for Windy Acres and Hillcrest Apartments. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answers to nearest whole dollar.) b-1. Which investment should Mr. Backster accept if the two investments are mutually exclusive? Hillcrest Windy Acres Both None 2. Which investment should Mr. Backster accept if the investments are not mutually exclusive and no capital rationing is involved? Windy Acres Hillcrest Apartments Both None