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19. If Air Atlantic enters a 12-year lease with annual (end of year) payments of $500,000, what is the present value of the lease payments
| 19.If Air Atlantic enters a 12-year lease with annual (end of year) payments of $500,000, what is the present value of the lease payments if the interest rate is 14%. |
$ 2,830,000 $13,635,500 $ 6,000,000 $ 3,226,200
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
