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On July 1 , Campus Stores Inc. is considering leasing a building and purchasing the necessary equipment to operate a retail store. Alternatively, the company
On July Campus Stores Inc. is considering leasing a building and purchasing the necessary equipment to operate a retail store. Alternatively, the company could use the funds to invest in $ of US Treasury bonds that mature in years. The bonds could be purchased at face value. The following data have been assembled:
tableCost of store equipment,$
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