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29. Suppose you looking at two different projects. Projeet A offers cash flows of $15.000 per year for 3 years, and has an initial cost

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29. Suppose you looking at two different projects. Projeet A offers cash flows of $15.000 per year for 3 years, and has an initial cost of $30,000. Projeet B offers cash flows of $10,000 per year for 6 years, and has an initial cost of $40,000. The firm's WACC is 12%. Calculate the equivalent annual annuity for the best project. If the projects are independent, which should we accept? (5 points) a. $270.97, Both b. $2,103,17,A c. $10,317.70, None (d) $4,295,76,A (e.) $2,509.53, Both

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