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A firm needs to estimate the plenty EAA) of two projects, since these projects can be repeated indtimely Project X requires an initial investment of

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A firm needs to estimate the plenty EAA) of two projects, since these projects can be repeated indtimely Project X requires an initial investment of $35.000 today and is expected to generate annual cash flows of 59.000 for the next 25 years. Project Y requires an initial investment of S180.000 and is expected to generate monthly cash flow of $2.700 for the next 12 Y years. The cost of capitales 99. The has the highest EAA of Project X: $7.995 O Project X: 55437 Project Y: 57.995 Project Y: 55,709 O Project Y: $8,715

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