Question: Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, what is the EAA for Project B?

Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, what is the EAA for Project B?

Year Project A Project B
0 -580,000 -580,000
1 290,000 130,000
2 290,000 130,000
3 150,000 230,000
4 150,000 230,000
5 230,000
6 115,000

Group of answer choices

33,652

138,356

36,943

112,210

35,055

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