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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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