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Problem 13-22 Net Present Value Analysis of a Lease or Buy Decision [LO1] Blinko Products wants an airplane for use by its corporate staff. The

Problem 13-22 Net Present Value Analysis of a Lease or Buy Decision [LO1]

Blinko Products wants an airplane for use by its corporate staff. The airplane that the company wishes to acquire, a Zephyr II, can be either purchased or leased from the manufacturer. The company has made the following evaluation of the two alternatives

Purchase alternative. If the Zephyr II is purchased, then the costs incurred by the company would be as follows:

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