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Please really try. I have asked this question 5 times and every chegg person has got it wrong. HELP You work for a nuclear research
Please really try. I have asked this question 5 times and every chegg person has got it wrong. HELP
You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The scanner costs $6,500,000, and it would be depreciated straight-line to zero over four years. Because of radiation contamination, it actually will be completely valueless in four years. The tax rate is 25 percent and you can borrow at 7 percent before taxes. What would the lease payment have to be for both lessor and lessee to be indifferent about the lease? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)Step by Step Solution
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