BTR Warehousing is a Canadian firm that wants to expand its business internationally. It is considering potential projects in both France and the U.S., and the French project is expected to take six years, whereas the U.S. project is expected to take only three years However, the firm plans to repeat the U.S. project after three years. These projects are mutually exdusive, so BTR Warehousing's CFO plans to use the equivalent annual annuity approach to analyze both projects. The expected cash flows for both projects follow: If BTR Warehousing's cost of capital is 996, what is the NPV of the French project? Project: U.S Year 0: $520,000 Year 1: $275,000 Year 2: $280,000 Year 3: $295,000 Project: French Year 0: -$800,000 Year 1: $380,000 Year 2: $400,000 Year 3: $420,000 Year 4: $375,000 Year S: 110,000 Year 6: $85,000 O $567,576 $507,831 O $477,958 O $597,448 If BTR Warehousing's cost of capital is 9%, what is the NPV of the us. project? $195,758.10 O $155,625.54 O $152,187.11 O $152,721.98 What is the equivalent annual annuity (EAA) for the the U.S. project? $61,361.07 $68,762.08 O $55,808.85 O $77,335.17 What is the equivalent annual annuity (EAA) for the French project? $113,256.30 O $133,182.90 O $57,479.90 O$139,543.09 project because it has the If the CFO uses the EAA approach to decide which project to undertake, he should choose the EAA