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firm x buys equipment for $10,000 and Leases the equipment to firm a for 800 a year for 7 years after 7 years firm x

firm x buys equipment for $10,000 and Leases the equipment to firm a for 800 a year for 7 years after 7 years firm x expects to sell the asset for $9,000 what is the return that firm x earns on the lease? use appendix b and appendix d 10 to the question round your answer to the nearest whole number.

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