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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

19,000

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 $

Project B $

Project B's standard deviation (B) is $6,185 and its coefficient of variation (CVB) is 0.80. What are the values of (A) and (CVA)? Round your answer to two decimal places.

A = $

CVA =

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