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5. (15%) (Equivalent Annual Cost) A firm can lease a photocopier for 4 years as com of S10300 annually. It can instead buy a photocopier

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5. (15%) (Equivalent Annual Cost) A firm can lease a photocopier for 4 years as com of S10300 annually. It can instead buy a photocopier at a cost of $35.000, with matenonce expenses o $1.000. The photocopier will be sold at the end of 4 years for $2,000. Which is the better opor, vi (6%) the discount rate is 12% b. (6%) the discount rate is 4% discount rate increases, which option will be more attractive a. c. (3%) Comment on the how the discount rate affect the decision to lease or purchase, ie. Vf the

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