Risk-Adjusted Return Calculation for Investment Evaluation: A company is considering two investment projects with the following expected cash flows and probabilities:

Project A:

Probability: 60%

Cash flow: $200,000

Project B:

Probability: 40%

Cash flow: $300,000

If the risk-free rate is 4%, calculate the risk-adjusted return for each project using the expected value approach and discuss how risk considerations influence investment decision-making.