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Continue with the MNO example from Problem 6 . International Leasing's alternative to leasing the ambulances to MNO is to invest in a five -

Continue with the MNO example from Problem 6.
International Leasing's alternative to leasing the ambulances to MNO is to invest in a five-year
certificate of deposit that pays 9 percent before taxes. Should International Leasing lease the
ambulances to MNO?

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