6252.64 You are trying to determine which of two 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 9%, and the projects have different lives. If the projects are not repeatable, then: You should do both projects because they have positive NPVS. You should do Project Adam because it has a higher EAA. You should do Project Eve because it has a higher NPV. You should do Project Adam because it has a higher IRR. You should do no projects because neither add value to you. Use the following information to answer next three questions: IO P I LIFE IRR_ a/topic11/patcht230z/ Which one of the following condition is necessary to use equivalent annual annuity when copmaring multiple projects? Projects are mutually exclusive. Replacement chain assumption. Lives of the projects are different All of the above. None of the above. The net present value is a measure of: fundertaking the project