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PLEASE DO IN EXCEL 2. Corcoran Consulting is deciding which of two computer systems to purchase. It can purchase state-ofOthe-art equipment (system A) for $20,000,

image text in transcribedPLEASE DO IN EXCEL

2. Corcoran Consulting is deciding which of two computer systems to purchase. It can purchase state-ofOthe-art equipment (system A) for $20,000, which will generate cash flows of $6,000 at the end of each of the next 6 years. Alternatively, the company can spend $12,000 for equipment that can be used for 3 years and will generate cash flows of $6,000 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

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