RTE Telecomm is a US. firm that wants to expand its business internationally, It is comidering potential projects in beth france and Canada, and the French profect is expected to tave ax years, whereas the canode on forofect is expected to tave onfy three vears. However; the firm plans to repeat the Canadian project after three years. These projects are mutually exclusive, so fIE Telecomm's CFO plans to une the replacement chain approsch to analyze both projects. The expected cash flows for both projects follow: If RTE Teiecomm's cost of capital is 9%, whot is the NPV of the French project? $217,533$244,724$271,916$258,320 Assuming that the Canadian project's cost and annual cash inllaws do not change when the project is repeated in three vears and that the cost of capital will remain at 9%, what is the NPV of the Canadian project, using the replacement chain approach? $340,665 $309,695 $270,726 $325,180