Evaluating projects with unequal lives Savory Seafood Inc is a U.S. firm that wants to expand its business internationally. It is cordering potential projects in both France and Vocco, and the French project is expected to take six years, whereas the Meccan project is expected to take only three years. However, the fie plans to repeat the Mexican project after three years. These projects are mutually dusive, so Savory Seafood Inc's CFO plans to use the comment cho approach to analyze both projects. The expected cash flows for both projects forrow Project: Year : Year 1: French $800,000 $380,000 $400,000 $420,000 $375,000 Year 2 Year 3 Year 4: Year 5 $110,000 $85,000 Year : Mexican Project: Year : -5490,000 $250,000 Year 1 Year 2 $265,000 $275,000 Year 31 If Savory Seafood Inc.'s cost of capital is 12%, what is the NPV of the French project? $400,729 $425,774 O $500,911 $450,820 Assuming that the Mexican project's cost and annual cash inflows do not change when the project is repeated in three years and that the cast of capital will remain at 12%, what is the NPV of the Mexican project, using the replacement can approach O $252,009 O $240,009 $220,009 O $216,000