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Julie is asked to evaluate whether it would be better to lease an asset or to borrow money from the bank to buy the asset,
Julie is asked to evaluate whether it would be better to lease an asset or to borrow money from the bank to buy the asset, for a potential project. The NPV from the project is calculated to be $2,000. The NPV for the lease versus borrow to buy analysis is calculated to be -$2500. Which of the following statements best describe the decision that should be made?
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