Instructions for the Stedman Place Case Report For this assignment, you will compare the buy vs. rent decision; you will focus on the financial comparison of the buy vs. rent decision. You will also give a recommendation to the Lintons. You are free to organize the report in a way that makes sense to you. However, the report should cover at least the following points and questions: 1. What are the benefits (both financial and non-financial) of homeownership and renting in general? 2. What are the costs (both financial and non-financial) of homeownership and renting in general? 3. Put yourselves in the Lintons shoes in July 2006. Consider what they know or expect regarding the costs of continuing to rent 12 Stedman Place and the costs of buying 14 Stedman Place. Where the case gives specific numbers, make sue to use them. If the case is ambiguous about a variable, use your best estimate. Using the Rent vs. Buy Excel template, calculate the ATIRR of buying/investing in 14 Stedman Place. This will be your first spreadsheet. Based purely on this rate of return, do you recommend that they keep renting or that they buy? 4. Are there any potential non-financial considerations relevant to the Lintons decision? Could you change your recommendation based on non-financial factors?