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Consider a 4-year lease for a $150,000 bottling machine, with a residual market value of $60,000 at the end of 4 years. If the risk-free

Consider a 4-year lease for a $150,000 bottling machine, with a residual market value of $60,000 at the end of 4 years. If the risk-free interest rate is 6.1% APR with monthly compounding, compute the monthly lease payment in a perfect market for the following leases:

a. A fair market value lease.

b. A $1.00 out lease.

c. A fixed price lease with an $35,000 final price

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