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The Butler-Perkins Company (BPC) must decide between two mutually exclusive projects. Each costs $6,500 and has an expected life of 3 years. Annual project cash

The Butler-Perkins Company (BPC) must decide between two mutually exclusive projects. Each costs $6,500 and has an expected life of 3 years. Annual project cash flows begin 1 year after the initial investment and are subject to the following probability distributions:

Project A Project B
Probability Cash Flows Probability Cash Flows
0.2 $5,750 0.2 $0
0.6 $6,500 0.6 $6,500
0.2 $7,250 0.2 $17,000

BPC has decided to evaluate the riskier project at 12% and the less-risky project at 10%.

What is each project's expected annual cash flow? Round your answers to two decimal places.

Project A: $ 6500

Project B: $ 7300

Project B's standard deviation (B) is $5,464.43 and its coefficient of variation (CVB) is 0.75. What are the values of (A) and (CVA)? Round your answers to two decimal places.

A = $

CVA =

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