Question 11 (1 point) A firm is considering the purchase of a new equipment costing $5,830,175 which qualifies for a 32% CCA rate. This equipment has a 4-year life after which it will be worthless. The firm can lease it for $1,772,180 per year for its useful life. Assume that the firm makes payments at the end of the year, the asset pool remains open, the tax rate is 34%, and the pre-tax cost of borrowing is 8.74%. What would the lease payment have to be for both the lessor and lessee to be indifferent to the lease? $1,642,702 $1,688,333 $1,733,963 $1,779,594 $1,825,225 Question 11 (1 point) A firm is considering the purchase of a new equipment costing $5,830,175 which qualifies for a 32% CCA rate. This equipment has a 4-year life after which it will be worthless. The firm can lease it for $1,772,180 per year for its useful life. Assume that the firm makes payments at the end of the year, the asset pool remains open, the tax rate is 34%, and the pre-tax cost of borrowing is 8.74%. What would the lease payment have to be for both the lessor and lessee to be indifferent to the lease? $1,642,702 $1,688,333 $1,733,963 $1,779,594 $1,825,225