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A company has decided to acquire a new machine that can be leased for a 7-year period for $30,000 per year (due at the beginning
A company has decided to acquire a new machine that can be leased for a 7-year period for $30,000 per year (due at the beginning of each year). The firm can borrow at 15%. The company's marginal tax rate is 37% and CCA is 26%. Calculate the PV of after-tax Lease
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