Question 15 Answer saved A firm urgently needs a large printer and will either lease a printer at an end-of-year cost of $ 7000 for a 6 year period, or they will purchase the printer at an initial cost of $65,000. If purchased, the printer will have a zero salvage value at the end of 6-years life. No other costs are to be considered. MARR is 7%. What is the best investment decision on the basis of the internal rate of return. Marked out of 2.00 Flag question a. Lease O b. IRR could not be calculated due to no change in cashflow sign O C. Buy O d. Negative IRR is not justified and is not applied here to make a proper decision