an asset cost $330,000 and will be depreciated in a straight-line

2. An asset costs $330,000 and will be depreciated in a straight-line manner over its three-year life. It will have no salvage value. The lessor can borrow at 7 percent and the lessee can borrow at 9 percent. The corporate tax rate is 34 percent for both companies. a. What s points) et of lease payments will make the lessee and the lessor equally well off? (25