The company is currently investigating a project with the cash flow profiles for different scenarios shown in the table below. CF3 Outcome 1 2 3 4 Probability 0.15 0.4 0.3 0.15 Capital Cost -25,000 -25,000 -25,000 -25,000 CF1 10,400 11,600 12,200 14,300 CF2 10,400 11,600 12,200 14,300 10,400 11,600 12,200 14,300 New investments for the company have been grouped into three categories depending on their coefficient of variation. These categories are shown in the table. Determine the risk-adjusted discount rate if the risk free rate is 5% and the company risk premium is 6%. Determine the expected NPV of the project. Investment Category 1 2 3 Coefficient of variation v 0.5 Risk Premium 1% 2% 4%