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PQR Ltd is considering a 4-year lease with annual payments of $5,500. The firm can borrow at a rate of 7 percent and has a

PQR Ltd is considering a 4-year lease with annual payments of $5,500. The firm can borrow at a rate of 7 percent and has a tax rate of 30 percent. The leased asset would cost $20,000 to purchase, have...

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