Can someone help me with this question? Please answer with solution, thanks a lot!!!

10. The equivalent annual annuity approach Evaluating projects with unequal lives Aa Aa Evaluating projects with unequal lives project in either Italy or Ukraine-these projects are mutually exclusive, so your boss has Your company is considering starting a new asked you to analyze the projects and then tell her which project will create more value for the company's shareholders The Ukrainian project is only a three-year project; however, your The Italian project is a six-year project that is expected to produce the following cash flows: company plans to repeat the project after three years. The Ukrainian project is expected to produce the following cash flows: Project Italian Project Ukrainian Year 0: $975,000 Year 1: $350,000 Year 0: $425,000 Year 2 $370,000 Year 1: $175,000 Year 3 $390,000 Year 2: 00,000 Year 3 $210,000 Year 4 $320,000 Year 5 $115,000 Year 6 $80,000 Because the projects have unequal lives, you have decided to use the equivalent annual annuity approach to evaluate them. You have determined that the appropriate cost of capital for both projects is 11%. Calculate the NPV of both projects. NPV Italian project $222,833 NPV Ukrainian project $198,07 $272,351 $247,592 $222,833 What is the equivalent annual annuity (EAA) for the Ukrainian project? O $13,522.02 $42,165.61 O $51,020.39 $46,382.17 O