D Question 10 2.5 pts Link: Excel Allegro Manufacturing is considering two mutually exclusive projects with the same initial investment of $20,000,000. The life span of Project Lis 5 years, and the life span of Project Sis 4 years. The cost of capital is 12%. Which is the Equivalent Annual Annuity for Project L? Initial Cost, CF 0 -$20,000,000 -$20,000,000 Cash flows at the end of relevant year, CF 2 3 4 $5,500,000 $7,500,000 $6,000,000 $5,500,000 $7,000,000 $7,500,000 $7.250.000 Project L Projects $5.000.000 $6.250,000 $325.320 $988111 $1.121.160 $311.020