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Faleye Consulting is deciding which of two computer systems to purchase. It can purchase state-of the-art equipment (System A) for an after-tax cost of $20,000,

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Faleye Consulting is deciding which of two computer systems to purchase. It can purchase state-of the-art equipment (System A) for an after-tax cost of \$20,000, which will generate after-tax cash flows of $10,000 at the end of each of the next 6 years. Alternatively, the company can purchase equipment with an after-tax cost of $12,000 that can be used for 3 years and will generate after-tax cash flows of $10,000 at the end of each year (System B). If the company's wACC is 10% and both "projects" can be repeated indefinitely, which system should be chosen, and what is its EAA? Do not round intermediate calculations. Round your answer to the nearest cent: Cnoose Project . whose ENA = 5

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