Question
In a footnote to its 2019 annual report Hewlett Packard reported the following operating lease obligations (in $ millions): Year Amount 2020 9,008 2021 7,937
In a footnote to its 2019 annual report Hewlett Packard reported the following operating lease obligations (in $ millions):
Year Amount
2020 9,008
2021 7,937
2022 6,208
2023 4,736
2024 3,756
After 2024 15,024
Calculate the present value of the operating lease obligations, assuming a discount rate of 5%
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
