Question: 9. Problem 12.17 (Equivalent Annual Annuity) A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash fows: intermediate calculations.

 9. Problem 12.17 (Equivalent Annual Annuity) A firm has two mutually

9. Problem 12.17 (Equivalent Annual Annuity) A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash fows: intermediate calculations. Round your answer to the nearest dollar. Choose Project whose EAA=$

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