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You have to evaluate two devices, WS and DS. WS has an initial cost of $100 with an after-tax cost saving of $50 per year

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You have to evaluate two devices, WS and DS. WS has an initial cost of $100 with an after-tax cost saving of $50 per year to operate. It must be completely replaced every 4 years. DS has an initial cost of $200 with an after-tax cost saving of $65 per year to operate. It must be completely replaced every 6 years. Which device do you recommend you are required to pick one of the two for regulatory compliance) if the cost of capital is 15%? O a. Ws, the equivalent annual cash flow is $14.97. O b. WS, the NPV is higher. O c. DS, the equivalent annual cash flow is $12.15. Od. WS, the equivalent annual cash flow is -$85.03. O e. DS, the NPV is higher

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