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10 You are trying to determine which of two none mutually exclusive projects to undertake. Project Adam has an initial outlay of $10,000, an NPV

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10 You are trying to determine which of two none mutually exclusive projects to undertake. Project Adam has an initial outlay of $10,000, an NPV of $4,392.15, an IRR of 11.33%, and an EAA of $1,158.64. Project Eve has an initial outlay of $15,000, an NPV of $5,833.73, an IRR of 9.88%, and an EAA of $1,093.50. The cost of capital for both projects is 10%, and the projects have different lives. If the projects are not repeatable, then: O You should do both projects because they have positive NPVs higher EAA. NPV higher IRR. them adds value to you. O You should do Project Adam because it has a You should do Project Eve because it has a higher O You should do Project Adam because it has a O You should do neither projects since neither of

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