The following two mutually exclusive projects are being evaluated. The firm's required rate of return is 12% co Year Project A Cash Flow Project B Cash Flow 0 -$48,000 -$48,000 1 15,000 20.000 2 15,000 20,000 3 15.000 15.000 4 15.000 5.000 5 15,000 5,000 5.000 5,000 Which of the following statements best describes projects A and B? No UA O Both projects should be accepted because they have positive NPVs and EAAS Project B should be accepted because it has the highest EAA. Project A should be accepted because it has the highest EAA Neither project is acceptable. Project B should be accepted because it has the highest NPV. AL