(Risk-adjusted discount rates and risk classes) The G. Wolfe Corporation is examining two capital-budgeting projects with 5-year lives. The first, project A, is a replacement project; the second, project B, is a project unrelated to current operations. The G. Wolfe Corporation uses the risk-adjusted discount rate method and groups projects according to purpose, and then it uses a required rate of return or discount rate that has been preassigned to that purpose or risk class. The expected cash flows for these projects are given in the popup window. . The purpose/risk classes and preassigned required rates of retum are shown in the popup window, Determine each project's risk-adjusted net present value. What is the risk-adjusted NPV of project A? Data Table $(Round to the nearest cent.) (Click on the following icon in order to copy its contents into a spreadsheet.) PROJECT B PROJECT A - $220,000 Initial invostment -$300,000 Cash inflows: Year 1 Year 2 Year 3 $110,000 40,000 40,000 80,000 110,000 $130,000 130,000 130,000 130,000 130,000 Year 4 Year 5 A Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) REQUIRED RATE OF RETURN PURPOSE Replacement decision Modification or expansion of existing product line Project unrelated to current operations Research and development operations 11% 15% 18% 20% Enter your answer in the answer box and then click Check Answer. Print Done 1 part 1 remaining Check