Use the following information for the next 3 questions. RainMan Inc. is in the business of producing rain upon request. They must decide between two investment projects: a new airplane for seeding rain clouds or a new weather control machine. The discount rate for the new airplane is 5%, while the discount rate for the weather machine is 30% (it happens to have higher market risk). (Assume a 0% inflation rate and that projected costs do not change over time.) Year Airplane Weather Machine -750 -950 1 450 375 2 375 528 3 200 600 700 ON 4 Question 20 (3.33 points) What are the NPV and equivalent annual cash flows if the company chooses the investment of a new airplane? O NPV - $191.48; Equivalent Cash Flow - $63.83 O NPV = $191.48; Equivalent Cash Flow - $70.31 NPV = $105.24 Equivalent Cash Flow = $35.08 NPV = $105.24: Equivalent Cash Flow - $38.65 What are the NPV and equivalent annual cash flows if the company chooses the investment of a new weather control machine? NPV = $169.08: Equivalent Cash Flow = $42.27 NPV = $169.08; Equivalent Cash Flow = $78.05 NPV - $215.64; Equivalent Cash Flow - $99.55 O NPV - $215.64: Equivalent Cash Flow - $53.91 Question 22 (3.33 points) Which investment should the company select and why? Airplane machine because it has a higher equivalent annual cash flow