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been stuck on it for hours! please show with formulas PROBLEM (3) LEASE VERSUS PURCHASE WITH RESIDUAL VALUE You are considering leasing or purchasing an

been stuck on it for hours! please show with formulas
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PROBLEM (3) LEASE VERSUS PURCHASE WITH RESIDUAL VALUE You are considering leasing or purchasing an asset with the following cash flows, calculate the present value of the lase versus purchase. Which one is preferable? Calculating the IRR of the differential cash flow First IRR of differential Second IRR of differential Loase or purchase

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