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please give answer rounded to 2 decimal places. thanks A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the
please give answer rounded to 2 decimal places. thanks
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 $26,491.00 per year for 8 years and costs $100,691.00. The UGA-3000 produces incremental cash flows of $27,428.00 per year for 9 years and cost $123,078.00. The firm's WACC is 9.36%. What is the equivalent annual annuity of the UGA-3000? Assume that there are no taxesStep by Step Solution
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