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Domebo Corporation has entered into a 6 year lease for a piece of equipment. The annual payment under the lease will be $2,500, with payments

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Domebo Corporation has entered into a 6 year lease for a piece of equipment. The annual payment under the lease will be $2,500, with payments being made at the beginning of each year. If the discount rate is 15%, the present value of the lease payments is closest to (Ignore income taxes.): Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. Multiple Choice $9,460 O $15,000 O O $10,880 $13,041

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