urgent!please help me solve it

Question 4 Zen Corporation is trying to choose between two mutually exclusive projects. Project A has a 4 year expected life while project B has a 2 year expected life. The after tax cash flows of both projects are as follow: Year Project A (S) Project B (S) 0 -60,000 -28,000 22,000 19,000 2 24,000 21,000 3 25,000 4 26,000 Assume that both projects can be repeated and that there are no anticipated changes in the cash flows. Zen Corporation required a return of 17 percent for both investments. Using the equivalent annual annuity (EAA) approach, which project should the company choose? 1 Questions Comment if the following statement is true or false: A fully diversified portfolio has no risk