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Juliet will lease machinery for her business with a cost of capital of 15% per quarter. Her quarterly payments are: $7000 today, $5000 in 3
Juliet will lease machinery for her business with a cost of capital of 15% per quarter. Her quarterly payments are: $7000 today, $5000 in 3 months, $3000 in 6 months, and $1000 in 9 months. Her tax rate is 15%. What is the present value of her post-tax lease payments?
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