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Question 2 (5 points) Vision Inc. is considering leasing an equipment. The equipment costs $3,000,000 and it would be depreciated straight-line to zero over 4

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Question 2 (5 points) Vision Inc. is considering leasing an equipment. The equipment costs $3,000,000 and it would be depreciated straight-line to zero over 4 years. It will be worthless in 4 years. Lease payment is $750,000 per year for 4 years. Assume the tax rate is 35 percent. The company borrow at 9 percent before taxes. What is the net advantage to leasing (NAL) for the company? $570,210.09 $392,219.47 $372,608.5 $-392,219.47 $411,830.45

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