6. A firm needs to decide between two mutually exclusive projects Project Alpha requires an initial investment of $50,000 today and is expected to generate cash flows of $51,000 for the next 3 years, Project Beta requires an initial investment of $85,000 and is expected to generate cash flows of $49,700 for the next 6 years. The cost of capital is 6%. The projects can be repeated with no change in cash flows. What is the NPV of the project that would be selected based on the replacement chain analysis? Project Beta: $168,954 Project Alpha: $158,803 Project Alpha: $159,391 Project Beta 5159,391 Project Beta: $173.095 1 pts