QUESTION 8 Landon Marshall is currently evaluating two mutually exclusive projects. Both projects have a cost of capital of 12 percent. Calculate the EAA (Equivalent Annual Annuity) payments for each project and make a decision as to which project to choose. 0 1 2 3 4 Project S: (6000) 3000 3100 5100 3300 0 1 2 3 Project L: (6000) 3500 5400 3500 O A Choose Project S since its EAA payment is $124.24 greater than the EAA payment of Project L. Choose Project L since its EAA payment is $26.81 greater than the EAA payment of Project S. OB Choose Project S since its EAA payment is $53.41 greater than the EAA payment of Project L. OC Choose Project S since its EAA payment is $139.15 greater than the EAA payment of Project L. OD Choose Project L since its EAA payment is $89.76 greater than the EAA payment of Project S. OE