Current Attempt In ProgressBuffalo Inc. now has the following two projects availableProjectInitial CFAfter tax CF$,$After$-$fax CF$,$After$-$tax CFs$1+11,144\mathrm{.}074,6505,2258,3002-3,003,543\mathrm{.}1502\mathrm{.}550$Aksurne that Ry $-3\mathrm{.}8$ percent, risk premium $=9\mathrm{.}3$ percent, and beta $-1,1.$ Use the chain replication approach to determine whichproject Buffalo inc. should choose if they are mutually exclusive. $($Round cost of capital and final answers to $2$ decimal places. cg$.17\mathrm{.}35\%$ or $2,513\mathrm{.}25.)$NPV i generated over a six$-$year periodNPVagenerated over a six year period# should be chosen.$$