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Caleb's Corp disclosed the following minimum rental commitments under non - cancelable operating leases in its 2 0 2 0 annual report ( in millions
Caleb's Corp disclosed the following minimum rental commitments under noncancelable operating leases in its annual report in millions
What is the approximate present value of the minimum lease payments? Assume a discount rate of
Note: Round the remaining lease term to the nearest whole year, using the final lease payment provided as an estimate of annual future payments.
Select one:
a $ million
b $ million
c $ million
d $ million
e $ million
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