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 0 1 2 3 4 5 6 ($120,000) ($120,000) 50,000 50,000 50,000 O Accept Project A Accept Project B O Accept both 30,000 O Accept neither 30,000 30,000 The cost of capital is 10 percent. Using the NPV rule, evaluate both projects using the equivalent annual annuity approach 30,000 30,000 30,000