Widget Corp. has to choove between two mutually exclusive projects. it ia chooves project A$,$ Widget Corp. wil have the opportunity to make a simitar

irvestment in three veark. Howrver, ir a chooses project B$,z$ will not have the opportunity to make a second investment. The following table lists the

cash fows for these profects. If the firm uses the replacement chain $($common Me$)$ aporouch, what will be the difference between the net present

value $($NW$)$ of project A and project B$,$ aswming that both projects have a weighted wermge cost of capital of $12$ w$)?$

$1$:$5,126$

$1$:$9,448$

$1$:$7,297$

$12$:$,009$

$1$:$8\mathrm{.}265$

Whdget Corp. is considering a three$-$year project that has a weighted average cont of capilal of $10\%$ and a NN of $$45,681.$ Widget Corp. can replicate

Bis project indefinitely. What is the equkalent anrual anrulty $($EM$)$ tor this project?

$318,760$

$520,266$

$522,0+3$

$12$:$,925$