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Question 9 1 pts Mary is asked to evaluate whether it would be better to lease an asset or to borrow money from the bank
Question 9 1 pts Mary is asked to evaluate whether it would be better to lease an asset or to borrow money from the bank to buy the asset. The NPV from buying the asset is calculated to be $10,000. The NPV for the lease versus borrow to buy analysis is calculated to be $500 in favor of the lease. Which of the following statements best describes the lease versus borrow-to-buy decision for this investment? Mary should recommend that the company should lease the asset. O Mary should recommend that the company lease the asset as long as the lease payments are below $500. Leasing the asset will increase the wealth of the company's shareholders. O More than one of the other statements is correct. O None of the other answers are correct
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