Risky Cash Flows The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each project costs $7,000 and has an expected life of 3 years. Annual net cash flows from each project begin 1 year after the initial investment is made and have the following probability distributions: Project A Project B Probability Cash Flows Probability Cash Flows 0.2 $7,000 0.2 $ 0 0.6 6,750 0.6 6,750 0.2 7,000 0.2 16,000 BPC has decided to evaluate the riskier project at a 13% rate and the less risky project at a 8% rate. a. What is the expected value of the annual cash flows from each project? Do not round intermediate calculations. Round your answers to the nearest dollar. Project A Project B Net cash flow values to the nearest cent and CV values to two decimal What is the coefficient of variation (CV)? (Hint: Og=$5,097 and CVg=$0.70.) Do not round intermediate calculations. Round places. o Project A Project B b. What is the risk-adjusted NPV of each project? Do not round intermediate calculations. Round your answers to the nearest cent. Project A $ Project B $