ABC Telecom has to choose between two mutually exclusive projects. If it chooses project $A,$ABC Telecom will have the opportunity to make a

similar investment in three years. However, if it chooses project B $,$ it will not have the opportunity to make a second investment. The following

table lists the cash flows for these projects. If the firm uses the replacement chain $($common life$)$ 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 $10\%?$

Cash Flow

$$14,199$

$$17,355$

$$11,044$

$$15,777$

$$10,255$

ABC Telecom is considering a five$-$year project that has a weighted average cost of capital of $14\%$ and a NPV of $$80,720.$ ABC Telecom can

replicate this project indefinitely. What is the equivalent annual annuity $($EAA$)$ for this project?

$$29,390$

$$23,512$

$$21,161$

$$22,336$

$$28,214$