KOMH Blankets inc. is considering two mutually exdusive projects. Both projects require an initial after-tax investment of $89,000 and are typical average-risk projects for the firm. Project A has an expected life of 3 years with after-tax cash inflows of $25,000 at the end of years 1 and 2 and $75,000 at the end of Year 3. Project B has an expected life of 9 years with after-tax cash infiows of $18,500 at the end of each of the next 9 years. The firm's WACC is 13%. If the projects cannot be repeated, which project shouid be selected if KOMH Blankets uses NPV as its criterion for project selection (A or B)? Blank 1 Assume that the projects can be repeated and that there are no anticipated changes in the cash flows. Using the replacement chain analysis, what is the NPV of Project A Extended? Blank 2 If the projects can be repeated, which project should be selected (A or B)? Blank 3 Using the equivalent annual annuity (EAA) method. Which project should you select (A or B)? Blank 4 What is the EAA of the project selected? Blank 5