#4 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 $26,443.00 per year for 8 years and costs $102,558.00. The UGA-3000 produces incremental cash flows of $28,321.00 per year for 9 years and cost $124,798.00. The firm's WACC is 7.16%. What is the equivalent annual annuity of the UGA-3000? Assume that there are no taxes. Submit Answer format: Currency: Round to: 2 decimal places. C unanswered not_submitted Attempts Remaining: Infinity
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