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The FIN340 Company is evaluating the purchase Y/ 2 competing machines and wants to choose the machine with the lower equivalent annual cost (EAC) Machine

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The FIN340 Company is evaluating the purchase Y/ 2 competing machines and wants to choose the machine with the lower equivalent annual cost (EAC) Machine A has an upfront purchase price of $188,600, an annual operating cost of $20,746 and a machine life of 3 years. Machine 8 has an upfront purchase price of $279.000, an annual operating cost of 534.875 and a machine life of 6 years: If our company has a WACC of 15.0%, which machine has the lower equivalent arnual cost (EAC) and what is its EAC?" $103,348/ Machine B /\$235,968/ Machine A

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