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Given the cash flows for Project A and Project B as shown in the table below, assume that the firm can implement. Project A or Project B. but not both. Since the projects have unequal lives, the firm should base the decision on the 1) payback period 2) NPV 3) IRR 4) initial cost 5) equivalent annual series 1) payback period 2) NPV 3) IRR 4) initial cost 5) equivalent annual series 6) None of the above