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#4 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
#4 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 $24,924.00 per year for 8 years and costs $102,630.00. The UGA-3000 produces incremental cash flows of $29,302.00 per year for 9 years and cost $126,702.00. The firm's WACC is 7.77% What is the equivalent annual annuity of the UGA-3000? Assume that there are no taxes Submit Answer format: Currency Round to 2 decimal places
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