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sidering two mutually (11.000 and are typical a with after-tax cash in al average- tively. Project B has an can expected of each of the next 4 v * 4 years. The + should be selected if Cros if Crockett uses There you UNEQUAL LIVES Crockett Graphic Designs Inc. is considering projects. Both projects require an initial investment of $11,000 a projects for the firm. Project A has an expected life of 2 years with $8,000 and $10,000 at the end of Years 1 and 2, respectively. Pre of 4 years with after-tax cash inflows of $5,500 at the end of each firm's WACC is 12%. a. If the projects cannot be repeated, which project should be se NPV as its criterion for project selection? b. Assume that the projects can be repeated and that there are n the cash flows. Use the replacement chain analysis to determine selected. C. Make the same assumptions as in part b. Using the equivalent ann method, what is the EAA of the project selected? + there are no anticipated cha red changes in of the project ual annuity (EAA