QUESTION 1 Two mutually exclusive projects being considered by a firm and have the following projected cash flows: Project A Project B Year Cash Flow Cash Flow ($120,000) ($120,000) 50,000 30,000 50,000 30,000 50,000 30,000 30,000 30,000 30,000 0 1 2 3450 10 6 The cost of capital is 10 percent. Using the NPV rule, evaluate both projects using the equivalent annual annuity approach Accept Project A Accept Project B Accept both Accept neither