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Question 5 (1 point) The Get-A-Round To-it is contemplating the acquisition of some new tents for their rental operations. The purchase price is $156,000. The

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Question 5 (1 point) The Get-A-Round To-it is contemplating the acquisition of some new tents for their rental operations. The purchase price is $156,000. The CCA rate is 30% and the tents will be worthless after four years. The tents can be leased for four years at $40,500 a year and the first payment is due upon the signing of the lease. The firm can borrow money at 8.5 percent which is incorporated in the lease contact. The WACC for the firm is 8.25 percent and the firm has a 35 percent tax rate. What is the net advantage to leasing? O $-33,613.330 $17,128.32 $21,248.67 $21,561.43 $22,000.72

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