PR $23-1$A Differential analysis involving opportunity costs

Obj. $1$

On July $1,$ 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 $$1,500,000$ of $2\%$ U$.$S$.$ Treasury bonds that mature in $15$ years. The bonds could be purchased at face value. The following data have been assembled:

$\backslash$table$[[$Cost of store equipment,$$1,500,000$