Little Air Ltd

Little Air Ltd. is considering two different projects of unequal length. Which two approaches to this problem should result in the same decision?

A) Using the equivalent-interest-rate approach and the shortest-common-period-of-time approach.
B) Using the equivalent-annual-annuity approach and the shortest-common-period-of-time approach.
C) Using the equivalent-annual-annuity approach and the smallest-discount-rate approach.
D) Using the equivalent-internal-rate-of-return approach and the shortest-common-period-of-time approach.
E) Using the equivalent-annual-cost approach and the shortest-common-discount approach.