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A firm is must choose to buy the GSU - 3 3 0 0 or the UGA - 3 0 0 0 . Both machines

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 $25,775.00
per year for 8 years and costs $104,015.00. The UGA-3000 produces incremental cash flows of $28,533.00 per year for
9 years and cost $123,918.00. The firm's WACC is 7.15%. What is the equivalent annual annuity of the UGA-3000?
Assume that there are no taxes.
Answer format: Currency: Round to: 2 decimal places.
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