ABC Co, enters into a lease for four years with Acme Bank at an annual lease payment of $5,000 Start of the period). The company's cost of capital is 10%6 and its tax rate is 40%. If the company could also borrow the money from the Bank at 8%6 annually. What is the present value of the lease payments? $18,667$17,812$17,326$15,849 What is the present value of the tax sivings of lease paryments? 17,125 3.324 $17,326 $12,849