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Dell Inc. is deciding whether to lease or buy new equipment. The purchase price is $3,000,000, with an expected life of 6 years and no

Dell Inc. is deciding whether to lease or buy new equipment. The purchase price is $3,000,000, with an expected life of 6 years and no residual value. The annual lease payment is $650,000. Discuss the financial implications of leasing versus buying.

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