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#3 unanswered not_submitted A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the firm's production process more efficient which

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#3 unanswered not_submitted A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the firm's production process more efficient which in turn increases incremental cash flows. The GSU-3300 produces incremental cash flows of $25,225.00 per year for 8 years and costs $104,797.00. The UGA-3000 produces incremental cash flows of $29,093.00 per year for 9 years and cost $125,366.00. The firm's WACC is 8.85%. What is the equivalent annual annuity of the GSU-3300? Assume that there are no taxes. Attempts Remaining: Infinity Submit Answer format: Currency: Round to: 2 decimal places

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