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capital budgeting please help urgent 3. You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice

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3. You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment). The scanner costs $5,600,000, and it would be depreciated straight-line to zero over four years. Because of radiation contamination, it will actually be completely valueless in four years. You can lease it for $1,600,000 per year for four years. Assume that the tax rate is 35 percent. You can borrow at 8 percent before taxes. Should you lease or buy? What are the cash flows from the lease from the lessor's viewpoint? Assume a 35 percent tax bracket. What would the lease payment have to be for both the lessor and the lessee to be indifferent about the lease? (6 Points) Enter your

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