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blooper industries must replace its magnoosium purification system. quick and drity systems sells a relativley cheap purification system for 1 5 $ million. the system

blooper industries must replace its magnoosium purification system. quick and drity systems sells a relativley cheap purification system for 15$ million. the system will last 5 years. do-it-right sells a sturdier but more expensive system for $20 million; it will last for 8 years. both systems entail $ 2million in operating costs; both will be depreciated stirght-line to a final value of zero over their usseful lifes; neither will have any slavage value at the end of its life. the firms tax rate is 30%, and the discount rate is 13%.
a. what is the equivlant annual cost of investing in the cheap system?
b. what is the equivalent annual cost of investing in the more expenstive system?
c. which system should blooper install?

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