Question: Kaleidescope Entertainment is considering buying a machine that costs $ 5 5 7 , 0 0 0 . The machine will be depreciated over four
Kaleidescope Entertainment is considering buying a machine that costs $ The machine will be depreciated over four years by the straightline method and will be worthless at that time. The company can lease the machine with yearend payments of $ The company can issue bonds at an interest rate of percent. The corporate tax rate is percent. What is the NAL of the lease? A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to decimal places, eg
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