You have found your dream house and you have the choice between renting it with a lease
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You have found your dream house and you have the choice between renting it with a lease in perpetuity for €12,000 or buying it. At what purchase price would you be better off renting, if the loan you needed to buy the house costs you 7%, and the rent increases by 3% per year?
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Related Book For 
Corporate Finance Theory And Practice
ISBN: 9780470721926
2nd Edition
Authors: Pierre Vernimmen, Pascal Quiry
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