The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each project costs $ 6,750 and has an expected life of 3 years. Annual net cash flow from each project begin 1 year after the initial investment is made and have the following probability distributions: Project a Project b probability Net cash flows probability Net cash flows 0.2 6,000 0.2 $ 0 0.6 6,750 0.6 6,750 0.2 7,500 0.2 18,000 BPC has decided to evaluate the riskier project at a 12% rate and the less risky project at a 10% rate Question: b- What is the risk adjusted NPV of each project? Answers: NPVA=$ 10,036 NPVB= $ 11,624 I need the work to the solution