Question: Assume vou're comparing two projects. Project S will last 4 years and Project L will last 6 vears. You have computed the NPV of Project
Assume vou're comparing two projects. Project S will last 4 years and Project L will last 6 vears. You have computed the NPV of Project 5 to be $17.573 milfion and Project t to be $30.745 milfion. Determine which profect to sccept by computing the equal annual annuity (EAA) for each. The discount rate for both projects is 6%. What is the EAA for Project $ ? (Round your answer to two decimal places.) \$ You can check your answer 1 more time betore the question is locked. What is the EAA for Project L? (Round your answer to two decimal places.) You can check your answer 1 more time before the question is locked
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