product annually to its client. Boardman has enough money to build either type of plant, and, in the absence of risk differences, accepts the project with the highest NPV$.$ The cost of capital is $17\mathrm{.}4\%.$

a$.$ Find the NPV for each project. Are the projects acceptable?

b$.$ Find the break$-$even cash inflow for each project.

d$.$ Which project is more risky? Which project has the potentially higher NPV$?$ Discuss the risk$-$return trade$-$offs of the two projects.

e$.$ If the firm wished to minimize losses $($that is$,$ NPV $$$$0),$ which project would you recommend? Which would you recommend if the goal was achieving a higher NPV$?$

Data table