The Butler-perkins Company (BPC) must dedide between two mutually exclusive projects. Each project has an initial after-tax cash outflow of $6,500 and has an expected life of 3 years. Annual project after-tax cash flows begin 1 year after the initial investment and are subject to the following probability distributions: BPC has decided to evaluate the riskier project at 11% and the less-rishy project ot 10%. a. What is each project's expected annual after-tax cash flow? Round your answers to the nearest cent. Project A: Project B: $5 Project B's standard devation (H) is $6,185 and its coefficient of variation (CVE) is 0.80. What are the values of A and CA ? Do not round Intermediate calculations. Round your answer for standard deviation to the nearest cent and for coefficient of variation to two decimal places. on: 3 CVA: : b. Bssed on the riak-adfusted NDVs, which project should BPC choose? c. If you knew that froject B's cash flow were negatively correlated with the firm's other cash flows, but Project A's cash flows were positively correlated. how miaht this affect the dedision? If Prolect B's caah flows were negatively correlated with gross domestic product (GDP), while A's cash flows were positively correlated, would that influence vour riak assebsment