Consider the following two projects: Project Year 0 Year 1 Year 2 Year 3 Year 4 Cash Flow Cash Flow Cash Flow Cash Flow Cash Flow - 100 40 50 60 N/A - 73 30 30 30 30 Discount Rate 0.11 0.11 A B The net present value (NPV) of project A is closest to: A. 22.5 B. 51.2 C. 25.6 D. 20.5 A janitorial services firm is considering two brands of industrial vacuum cleaners to equip their staff. Option A will cost $1,500, require servicing of $200 per year, and it will last five years. Option B will cost $1,000, require servicing of $100 per year, and it will last three years. If the cost of capital is 8%, which is the better option, given that the firm has an ongoing requirement for vacuum cleaners? O A. Option B, since it has a lower equivalent annual annuity. B. Option A, since it has a lower equivalent annual annuity. C. Option A, since it has a greater equivalent annual annuity. D. Option B, since it has a greater equivalent annual annuity