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A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash flows: Projects x and Y are equally risky and

A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash flows:
Projects x and Y are equally risky and may be repeated indefinitely. If the firm's WACC is 7%, what is the EAA of the project that adds the
most value to the firm? Do not round intermediate calculations. Round your answer to the nearest dollar.
Choose Project (X or Y), whose EAA =$??????????????????????
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