Question: Task 4: The firm is evaluating two mutually excluelve projects (see Information in the table below). Assume that the projects are equally naky. The cost

Task 4: The firm is evaluating two mutually excluelve projects (see Information in the table below). Assume that the projects are equally naky. The cost of capital la 18%. Net present value Life cyclo Prolod AT ProjedB 20,000 023,000 3 years TANAUANTUAN yean 1) Calculate the effective annual annulty (EM) for each project. 2) Using the EAA declalon rule, which project should the firm choose
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