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23 consider two mutually exclusive projects of unequal lives: project A has a time horizon of 3 years and project B has a time horizon

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23 consider two mutually exclusive projects of unequal lives: project A has a time horizon of 3 years and project B has a time horizon of 5 years. If both projects have a positive NPV and an Equivalent Annual Annuity (EAA) of s100,000, which project(s) a you more inclined to pick? a. Project A. b. Project B. c, Both. d Neither. e. Insufficient data since we don't know the cost of capital

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