QUESTIONS Two mutually exclusive projects being considered by a firm and have the following projected cash flows: 0 Project A Project B Year Cash Flow Cash Flow ($120,000) $120,000) 1 55,000 30,000 2 55,000 30,000 55,000 30,000 4 30,000 5 30,000 30,000 3 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