问一道题：NO.PZ2018101501000032

问题如下：

Statement1: EAA is the annuity payment each project year that has a present value equal to the NPV of the project.

Statement2: When the results of the least common multiple of lives approach and the equivalent annual annuity approach conflict, we should choose the EAA approach.

Which of the statements is correct?

选项：

Only statement 1.

Only statement 2.

Both statement 1 and statement 2.

解释：

A is correct.

考点：Mutually Exclusive Projects with Different Lives

解析：在选择不同期限的互斥项目时，最小公倍数法和EAA法在逻辑上是相同的，这两种方法得到的投资决策也是相同的，所以第二句话的表述是错误的。而第一句话是EAA法的定义，所以是正确的 。