(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 return are shown in the popup window. Determine each project's risk-adjusted net present value GO What is the risk-adjusted NPV of project A? (Round to the nearest cent.) ives - X Data table Le of en in (Click on the following icon in order to copy its contents into a spreadsheet.) PROJECTA -- $240,000 PROJECT B -$380,000 Initial investment Cash inflows: Year 1 Year 2 Year 3 Year 4 Year 5 $150.000 40,000 40,000 80,000 150,000 $140,000 140,000 140,000 140,000 140,000 Print Done colect spor urn pop Bern senrolochurelated to cuentonacations The Wolfe te of - X en in Data table (Click on the following icon in order to copy its contents into a spreadsheet) PURPOSE REQUIRED RATE OF RETURN Replacement decision 11% Modification or expansion of existing product line 15% Project unrelated to current operations 19% Research and development operations 20% at is Print Done