7. Unequal project lives ABC Telecom has tu choose between wo mulually exclusive projects. Il it chouses project A, ABC Telecom will have the opportunity to make a similar investment in three years. However, il it chouses project B, it will not have the opportunity to make a secund investment. The following table lists the cash flows lur these projects. If the lim uses the replacement chain (common lie) approach, what will be the difference between the net present value (NPV) of project A and project B, assuming that both projects have a weighted average cost of capital of 14%? Cash Flow Project B Project A Year 0: -$15.000 Year 0: -540,000 8,000 Year 1: 9.000 Year 1: Year 2: 15,000 Year 2: 16,000 Year 3: 14,000 Year 3: 15,000 Year 4: 12,000 Year 5: 11.000 Year 6: 10,000 $11,502 $12,324 $10,681 $16,132 $9,859 ABC Telecom is considering a four year project that has a weighted average cost of capital of 11% and a NPV of $75,682. ABC Telecom can replicate this project indefinitely. What is the equivalent annual annuity (EAA) for this project? CENGAGE MINDTAP Ch 12- Assignment - Cash Flow Estimation and Risk Analysis Year 2 15,000 Year 2: 16,000 Year 3: 14,000 Year 3: 15,000 Year 4: 12,000 Year 5: 11,000 Year 6: 10,000 O $11,502 O $12,324 O $10,681 0 $16,432 O $9,859 ABC Telecom is considering a four-year project that has a weighted average cost of capital of 11% and a NPV of $75,682. ABC Telecom can replicate this project indefinitely. What is the equivalent annual annuity (EAA) for this project? O $23,174 O $24,394 O $20,735 O $21,955 O $25,614