2.- Derby is willing to invest in a new electric car automated production channel with a cost of 60 Million, the expected life of 7 years.

The tax rate is 25%, and Derby is considering whether to buy or lease the production Channel, assuming that they could borrow a loan from the bank at the interest of 6 percent.

The request an offer from La Caixa leasing services that requests an annual lease price of 10,7 Million.

What would you advise them to do, explain all the calculation steps and what is the process?