Your company must choose one of two mutually exclusive projects. Project A has an after-tax cost of $2,000 today and has after-tax cash flows of $1,500 per year for 4 years. Project B has an after-tax cost of $1,500 today and has after-tax cash flows of

$1,750 per year for 2 years. The firm’s WACC is 10%. If the projects cannot be repeated, what is the NPV of the better project? (NPV_A = $2,754.80) If the projects can be repeated, what is the extended NPV of the better project? (NPVB 5 $2,807.60) What is the EAA of each project?