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Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, what is the EAA for Project B?

Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, what is the EAA for Project B? Year 0 2355N 4 6 Project A -300,000 150,000 150,000 80,000 80,000 Project B -300,000 70,000 70,000 120,000 120,000 120,000 60,000

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