Afirm can lease a truck for 4 years at a cost of $33,000 annually. It can instead buy a truck at a cost of $89,000, with annual maintenance expenses of $14,000. The truck wi be sold at the end of 4 years for $18,000. The discount rate is 11.5%. Which is the effective annual annuity (EAA) of buying the truck? (550,959.93) ($120,328.69) ($33000.00) ($39,199.95) Cisco is considering the development of a wireless home networking appliance, called HorneNet. The comparry expects to sell 310000 units per year over the project's life at an expected wholesale price of 170 . Actual production will be cutsourced at a cost of 94 per unit. Additionally, the company will spend $27000 in interest expense each year towards financing the project. In year 1 , the firm must increase its accounts reccivable by $993000, which will return to regular levels at the end of the project. The company spent $236000 last year on software to develop the router. $117.1 million of new equipment will be purchased and then depreciated using the straight- line method over a 10 year life. They expect the market value of the equipment to depreciate at 7.2% per year. The project is expected to end in year 8 . The current tax rate is 21%. Use this rate for both income tax rate and the capital gains rate. The WACC for the company is 17.7%.aWhat is the NPV of the project? ($15,798,435,44) ($14,650,316,66) ($25,886,224,47) (516,068,046,40)