Within the context of projects with unequal lives, consider the initial investments, cash inflows, IRR, and NPV and PI (assuming RRR of 10% ) of the following two mutually exclusive projects A and B with two substantially different lives. Which one of the following statements is correct? Select one: a. Project A s equivalent annual annuity (EAA) is $70.38. b. Project A should be selected based on equivalent annual annuity (EAA). c. Project B should be selected based on equivalent annual annuity (EAA). d. Project B's equivalent annual annuity (EAA) is $80.24