Bagel Pantry Inc. is considering two mutually exclusive projects with widely differing lives. The company's cost of capital is 12%. The project cash flows are summarized as follows:

Project A Project B

C₀ ($25,000) ($23,000)

C₁ $14,742 $ 6,641

C₂ $14,742 $ 6,641

C₃ $14,742 $ 6,641

C₄ $ 6,641

C₅ $ 6,641

C₆ $ 6,641

C₇ $ 6,641

C₈ $ 6,641

C₉ $ 6,641

A.Compare the projects by using Payback.

B.Compare the projects by using NPV.

C.Compare the projects by using IRR.

D.Compare the projects by using the replacement chain approach.

E.Compare the projects by using the EAA method.

F.Chose a project and justify your choice.