=+The Helpful leasing company is willing to buy the equipment and rent it to Gordons on a
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=+The Helpful leasing company is willing to buy the equipment and rent it to Gordons on a finance lease stretching over the four-year useful life of the equipment, with a nominal rent thereafter. The cost of this finance is virtually identical to that for the term loan, that is, 13 per cent annual percentage rate.
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ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold
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