PROJECT RISK ANALYSIS The Butler-Perkins Company (BPC) must decide between two mutually exclusive projects, Each costs $7,000 and has an expected life of 3 years. Annual project cash flows begin 1 year after the initial investment and are subject to the following probability distributions: Project A Project B Probability Cash Flows Probability Cash Flows 0.2 0.6 0.2 $6,250 7,000 7,750 0.2 0.6 0.2 $0 7,000 19,000 BPC has decided to evaluate the riskier project at 11% &nd the less-risky project at 996. a. What is each project's expected annual cash flow? Round your answers to two decimal places Project A Project B Project B's standard deviation (on) is s6,132 and its coefficient of variation (CVa) is 0.77. What are the values of (oa) and (CVA)? Round your answer to two decimal places CVA b. Based on the risk-edjusted NPVs, which project should BPC choose? c1f you knew that P oject B s cash flows were negatively comelated with the firm's other cash flows, but Project A's cash ows were positively correlated, how might this affect the decision? f Project B's cash flows were negatively correlated with gross domestic product (GDP), while A's cash flows were positively correlated, would that influence your risk assessment? -Sclect