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QUESTION 4 In a footnote to its 2018 annual report Hewlett Packard reported the following operating lease obligations (in $ millions): Year Amount 2019 9,752
QUESTION 4 In a footnote to its 2018 annual report Hewlett Packard reported the following operating lease obligations (in $ millions): Year Amount 2019 9,752 2020 8,180 2021 6,474 2022 5,286 2023 3,780 After 2023 20,412 Calculate the present value of the operating lease obligations, assuming a discount rate of 9%
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