Patterson Co. is considering two mutually exclusive projects that have the following cash flow and WACC data. Both projects will be repeated infinitely if undertaken. Which project will Patterson Co. choose and why? Project A WACC: 10.00% Year 0 1 2. 3 Cash flows -$950 $500 $400 $300 Project B WACC: 10.00% Year O 1 2 3 4 Cash flows -$950 $300 $325 $340 $320 Project A because it has a higher NPV than project B Project A because it has a higher Equivalent Annual Annuity (EAA) payment than project B Project B because it has a higher NPV than project A O Project B because it has a higher Equivalent Annual Annuity (EAA) payment than project A