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Brock Construction is contemplating purchasing / leasing a package of Asphalt Milling Equipment which will cost $ 1 . 8 million. Assets will qualify for
Brock Construction is contemplating purchasingleasing a package of Asphalt Milling Equipment which will cost $ million. Assets will qualify for a CCA rate. The salvage value is expected to be zero in years. The same package can be leased for $ per year for years. Assume that the asset pool remains open, and the tax rate is The company's cost of borrowing is pretax. What would the lease payment have to be for both lessor and lessee to be indifferent to the lease agreement? Do not round intermediate calculations. Omit $ sign in your response. If your answer is $ then enter
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