Suppose Black Sheep Broadcasting Company is evalueting a proposed cap tal budgeting project (praject Beta) that will requine an initial investment of $2,225,000. The project is expected to generate the following net cash flows: Black Sheep Broadcaving Company's weighted average cost of capital is 10\%, and project geta hats the same risk as the firm's average project. Based on the cash flows, what is project Beta's Npr? 53,020,0265795,026$420,02651,429,974 Making the accept or reject decision Black Sheep Broadcasting Company's decision to accept or reject project Beta is independent of its decislons on other projects. If the firm follows the Npy method, it should project Beta. 5uppese your boss has asked you to andlyze two mutually exclusive projects-project A and project a. Egth projects resuire the same investment amount, and the sum of cach lnflows of Project A is larger then the sum of cash inflows of project 8 . A covorker told you that you don't need to do an MP4. analysis of the projects because you alrepdy know that project A wil have a iatger bipy than project B. Do you agree with your coworker's statement? No, the NFV caloulation wil take into account not only the projects' cash inflows but also the timing of cash inflows and outhows. Conseevently, project B could have a larger NPV then project A, even though project A has lerger cash inftows. Yes, project A will aleayi have the iargest NPV, becausn its cabh impows are greater than project Bis cash infowa. No. the NPN caiculation is based on percestage returns, so the sue of a project's cath nows does not affect a project's Wor