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Help find the annual lease payments due from the lessor, and the lease amortization schedule, for the following scenario: Lease Term 10 Years Fair Value

Help find the annual lease payments due from the lessor, and the lease amortization schedule, for the following scenario:

Lease Term 10 Years

Fair Value of Lease Asset $600,000

Lesse's Incremental Borrowing Rate 12%

Lessor's Rate of Return (known by lessee) 11%

Payment Due End of Year

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