The cost of capital is $16\mathrm{.}8\%.$

a$.$ Find the NPV for each project. Are the projects acceptable?

b$.$ Find the break$-$even cash inflow for each project.

c$.$ The firm has estimated the probabilities of achieving various ranges of cash inflows for the two projects, as shown in the table

What is the probability that each project will achieve the break$-$even cash inflow found in part $($b$)?$

d$.$ Which project is more risky? Which project has the potentially higher NPV$?$ Discuss the risk$-$return trade$-$offs of the two projects.

e$.$ If the firm wished to minimize losses $($that is$,$ NPV $$$$0),$ which project would you recommend? Which would you recommend if the goal was achieving a higher NPV$?$

a$.$ The NPV for project "standard" is $$.($Round to the nearest cent.$)$

Data tableg