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ISBN:9780073379593 Case 27-2: Rock Creek Golf Club Q4: Assume arbitrarily that purchasing the carts has an NPV that is $4,000 higher than the NPV of

ISBN:9780073379593 Case 27-2: Rock Creek Golf Club

Q4: Assume arbitrarily that purchasing the carts has an NPV that is $4,000 higher than the NPV of leasing them. How much would B have to reduce the proposed annual lease payment to make leasing as attractive as purchasing the cart?

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