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hi. please help with 6.3 and provide an answer using the correct cost of capital for each project. please do not paste answers from questions

hi. please help with 6.3 and provide an answer using the correct cost of capital for each project. please do not paste answers from questions posted previously because they are incorrect

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Goga is evaluating three projects to maximize its shareholder's value. The three projects A, B, and Care equally risky. The company's required cost of capital for evaluating Project A, B and C is 11%, 8% and 12%, respectively. The initial outlay and annual cash flows over the life of each project are shown in the table below. Project A Project B Project C Initial Outlay (CFO) (50,000.00) 35,000.00 60,000.00 Year (t) Cash Inflows (CFt) 1 8,000.00 6,000.00 18,000.00 8,000.00 12,000.00 2. 18,000.00 8,000.00 15,000.00 18,000.00 3 8,000.00 22,000.00 18,000.00 4 18,000.00 8,000.00 5 8,000.00 6 Required: 6.1. Calculate the NPV for each project over its life. Rank the projects in descending order based on NPV. [7] 6.2. Use equivalent annuity (EAC) approach to evaluate and rank the projects in descending order based on the EAC. [7] 6.3. Use replacement chain method to evaluate and rank the projects in descending order. [5] 6.4. Compare and contrast your findings in parts (6.1), (6.2) and (6.3). Which project would you recommend that the company implement? Why? [6]

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