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Assume Sandhill Corp. ( a company reporting under IFRS ) wants to earn an 4 % return on its investment of $ 6 0 4

Assume Sandhill Corp. (a company reporting under IFRS) wants to earn an 4% return on its investment of $604000 in an asset that is
to be leased to Blue Corp. for ten years with an annual rental due in advance each year. How much should Sandhill charge for annual
rental assuming there is no purchase option that is reasonably certain to be exercised by Blue Corp.? (Round present value factor
calculations to 4 decimal places, eg.12.5124.)
Click here to view the factor table.
$74467
$135675
$71604
$159996
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