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help! 12-7: Unequal Project Lives Crockett Graphic Designs inc is considering two mutualy exclusive projects, Both projects require an initiaf after-tax investment of 512,000 and

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12-7: Unequal Project Lives Crockett Graphic Designs inc is considering two mutualy exclusive projects, Both projects require an initiaf after-tax investment of 512,000 and are typical average-risk projects for the firm. Project A has an expected life of 2 years with after-tax cash intlows of 57,000 and 510,000 at the end of Years 1 and 2, respectively. Project B has an expected hfe of 4 years with after-tax cash inflows of 56,000 at the end of each of the next 4 years. The firm's WACC is 10\%, a. If the projects cannot be repeated, which project should be selected if Crockett uses NPV as its criterian for project selection? Project should be selected b. Assume that the projects can be repeated and that there are no anticipated changes in the cash flows. Use the replacement chain analypis to determine the NPV of the project selected. Do not round intermediate calculatiens. Round your answer to the nearest cent. since Project 's extended NPV =$ , it should be selected over Project With an NFV=5 c. Make the same assumptions as in part b. Using the equivalent annual annuity (EAD) method, what is the EM of the project selecteof? Project shouid be selected

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