ng The firm is evaluating between two mutually exclusive projects. Project A and Project B. The initial investment and salvage value on project A are $25,000 and $250, the project has a life of 4-years. The project B has life of 5-years, its initial investment is $26,000 and salvage value of $300. If the WACC is 12% which project should be chosen based upon EAC? a. b. C. d. Project A should be accepted as its EAC is $8,178.55 Project B should be accepted as its EAC is -$7,165.43. Project B should not be accepted as its EAC is lowest. Project A should be accepted as its EAC is lowest