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Management of Oriole, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $ 1 5 7 , 7 0 4
Management of Oriole, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $ The company would lease the aircraft to an airline. Required rate of return is Cash flows from the proposed leases are shown in the following table.
tableYearsCash Flow$
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