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Amax Corp. is leasing a generator to Amat Corp. Find the NAL of the lease for Amax. Assume the generator has no salvage value. CF0=-17,

Amax Corp. is leasing a generator to Amat Corp. Find the NAL of the lease for Amax. Assume the generator has no salvage value. CF0=-17, CF1=7, CF2=7, CF3=7.

Amax's required rate of return is 12%

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