Prime Paints is in the process of evaluating two mutually exclusive additions to its processing capacity. The firm's financial analysts have developed pessimistic, most likely, and optimistic estimates of the annual cash inflows associated with each project. These estimates are shown in the following table

	Project A	Project B
Initial Investment (CF)	$12,900	$12,900
Outcome	Annual CashInflows (CF)
Pessimistic	$820	$1,500
Most likely	$1,610	$1,610
Optimistic	$2,430	$1,760

The range of annual cash inflows for project A is $

. (Round to the nearest dollar.)

The range of annual cash inflows for project B is $

. (Round to the nearest dollar.)

b. Assume that the firm's cost of capital is 10.4 % and that both projects have 20-year lives. Complete the NPV table below for project A: (Round to two decimal points.)

NPVs
Outcome	Project A
Pessimistic	$. ?
Most Likely	$. ?
Optimistic	$. ?
Range	$. ?

Complete the NPV table below for project B: (Round to two decimal points.)

NPVs
Outcome	Project B
Pessimistic	$. ?
Most Likely	$. ?
Optimistic	$. ?
Range	$. ?

c. Based on the findings above, we can conclude that Project

(enter 'A' or 'B') is more risky than Project (enter 'A' or 'B'). Project

(enter 'A' or 'B') has the possibility of a greater return.