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Consider a 6-year lease for a $450,000 bottling machine, with a residual market value of $180,000 at the end of 6 years. If the risk-free

Consider a 6-year lease for a $450,000 bottling machine, with a residual market value of $180,000 at the end of 6 years. If the risk-free interest rate is 6.3% 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 $99,000 final price.

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