Nancy looks at 2 projects with different life spans. A has a NPV of 400k and with

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Question:

Nancy looks at 2 projects with different life spans. A has a NPV of 400k and with a 6 year life and B has a NPV of 500k and a 4 yr life. Using the EAA approach, which one is the better investment if the WACC for both is 8%. Provide the numbers to justify your decision