Risk$-$adjusted discount rates $-$ Basic Country Wallpapers is considering investing in one of three mutually exclusive projects, $E,F,$ and G$.$ The firm's cost of capital, $r,$ is $14\mathrm{.}6\%,$ and the risk$-$free rate, $R_F,$ is $9\mathrm{.}9\%.$ The firm has gathered the following basic cash flow and risk index data for each project $1$

a$.$ Find the net present value $($NPV$)$ of each project using the firm's cost of capital. Which project is preferred in this situation?

b$.$ The firm uses the following equation to determine the risk$-$adjusted discount rate, $RAD{R}_j,$ for each project $j$ :

$RAD{R}_j=R_F+R{I}_j(r-R_F)$

where $R_F=$ risk$-$free rate of return, $R{I}_j=$ risk index for project $j,$ and $r=$ cost of capital.

Substitute each project's risk index into this equation to determine its RADR.

c$.$ Use the RADR for each project to determine its risk$-$adjusted NPV$.$ Which project is preferable in this situation?

d$.$ Compare and discuss your findings in parts $($a$)$ and $($c$).$ Which project do you recommend that the firm accept?

Data table

a$.$ Find the net present value $($NPV$)$ of each project using the firm's cost of capital.

The net present value for project $E$ is $$3,169\mathrm{.}41.($Round to the nearest cent.$)$

$($Click on the icon here $$ in order to copy the contents of the data table below into a spreadsheet.$)$

The net present value for project $F$ is $ $($R$$und to the nearest cent.$)$

$\backslash$table$[[,$Project $(j)$