Project A: Expected Net Cash Flow \begin{tabular}{|cc|} \hline Year & 300,000 \\ \hline 1 & 195,000 \\ \hline 2 & 195,000 \\ \hline \end{tabular} Project B: Expected Net Cash Flow \begin{tabular}{lrr} Year & 0 & 300,000 \\ \hline 1 & 97,500 \\ & 2 & 97,500 \\ & 3 & 97,500 \\ & 4 & 97,500 \end{tabular} (1) What is each project's initial NPV without replication