new convention hotel has an expected life of 16 years and lwill phese projectset 10-33. (Calculation equivalent annual annuity) Industria ates in building industry in South Caucasus, is considering regional projects. The CEO of the g percent. Calculate the NPV using replacement chains to compan Croup, whice nts in required rate of return on both of these p ins to compare these two projects Zone Group, which oper- making investments in ng Project 1 requires an initial investment of $100.000 and will last y50,000, this oftered two projects regarding financ- it will roup was generate $20,000 per year. Project 2 requires an initial investmen project will last 10 years and will generate $28,000 per year taken? Why? The required rate of return is 12 percent Which project should be