13. Valuing financial leases (S26.4) In Section 26-4, we showed that the lease offered to Greymare Bus
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13. Valuing financial leases (S26.4) In Section 26-4, we showed that the lease offered to Greymare Bus Lines had a positive NPV of $4,930 if Greymare paid no tax and an NPV of + $660 to a lessor paying 21% tax. What is the minimum lease payment the lessor could accept under these assumptions? What is the maximum amount that Greymare could pay?
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Related Book For 
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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