4 7 8 9 6 (8.62) 10 (8.61) (10.36) (9.83) (10.37) 16 (7.34) 17 (11.47) 18 (9.48) 19 (15.79) 20 (7.77) 26 (3.34) 27 (23.65) 28 (2.66) 29 (24.06) 30 (1.96) 1 Calculate PV of financial lease option. All numbers are from Exhibit 5 (in min.$). Periods 1-42 are half-years 2 Discount rate (yearly) 6.75% 3 # Time Period 0 1 2 3 5 Lease payments (0.20) (3.76) (7.97) (10.02) (10.32) 5 Discounted flows 7 3 2 Time Period 11 12 13 14 15 o Lease payments (10.42) (9.68) (10.44) (8.58) (11.60) i Discounted flows 2 3 4 Time Period 21 22 23 24 25 5 Lease payments (20.22) (5.07) (15.87) (4.12) (22.81) 6 Discounted flows 7 8 9 Time Period 31 32 33 34 35 o Lease payments (20.02) (6.07) (6.29) (12.29) (21.39) i Discounted flows 2 3 4 Time Period 41 43 44 45 5 Lease payments (6.65) (2.04) 6 Discounted flows 7 8 PV of Lease Alternative (total) 9 0 1 36 (6.55) 37 (18.11) 38 (8.61) 39 (13.47) 40 (8.86) 42 46 47 48 19 50