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A company is deciding whether to lease or buy new equipment. If purchased, the equipment would cost $28,000. Consider the following information: PV of Lease

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A company is deciding whether to lease or buy new equipment. If purchased, the equipment would cost $28,000. Consider the following information: PV of Lease Payments Before tax = $14,000 PVCCATS - $7,000 . PV of Lease Payments Tax Shield = $6,000 PV of Salvage Value = $3.000 Based on the above information, what is the NAL? Do not found intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the sign in your response. For exam of $1.000.50 should be entered as 1000.50

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