Globex Corp. has to choose between two mutually exclusive projects. If it chooses project A$,$ Globex Corp. will have the opportunity to make a similar

investment in three years. However, if it chooses project B$,$ it will not have the opportunity to make a second investment. The following table lists the

cash flows for these projects. If the firm uses the replacement chain $($common life$)$ approach, what will be the difference between the net present

value $($NPV$)$ of project A and project B$,$ assuming that both projects have a weighted average cost of capital of $12\%?$

$$12,506$

$$13,757$

$$11,255$

$$9,380$

$$8,754$

Globex Corp. is considering a four$-$year project that has a weighted average cost of capital of $13\%$ and a NPV of $$90,760.$ Globex Corp. can replicate

this project indefinitely. What is the equivalent annual annuity $($EAA$)$ for this project?

$$28,987$

$$32,039$

$$30,513$

$$38,141$

$$36,616$