Risk classes and RADR Moses Manufacturing is attempting to select the best of three mutually exclusive projects, X, Y, and Z. Although all the projects have 5-year lives, they possess differing degrees of risk. Project X is the most risky; Project Y is in the least risky; and Project Z is in between. The basic cash flow data for each project and the risk-adjusted discount rates (RADRs) used by the firm are shown in the following table a. Find the risk-adjusted NPV for each project. b. Which project, if any, would you recommend that the firm undertake? Data table a. The net present value for project X is $. (Round to the nearest cent.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) RADR Initial investment (CFO) Project X 22.6% $182,000 Project Y Project Z 13.3% $232,000 15.4% $311,000 Year (t) Cash inflows (CF+) 12345 $79,000 $55,000 $92,000 65,000 70,000 92,000 61,000 80,000 92,000 63,000 81,000 92,000 58,000 92,000 92,000