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BO 5. Jill Norris is presently leasing a small business computer from Stark Office Equipment Company. The lease requires 10 annual payments of $2,500 at

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BO 5. Jill Norris is presently leasing a small business computer from Stark Office Equipment Company. The lease requires 10 annual payments of $2,500 at the end of each year and provides the lessor (Stark) with an 8% return on its investment ordinary opty annuity (a) Assuming the computer has a ten-year life and will have no salvage value at the expiration of the lease, what was the fair value of the computer to Stark? (b) What amount would each payment be if the ten annual payments are to be made at the beginning of each period? avanato annuity dve

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