Question
*solve with finance calculator;You work for a nuclear research Lab that is contemplating leasing a diagnostic scanner. The scanner costs $4.5 million, and it would
*solve with finance calculator;You work for a nuclear research Lab that is contemplating leasing a diagnostic scanner. The scanner costs $4.5 million, and it would be depreciated straight-line to zero over four years. Because of the radiation contamination, it will actually be completely valueless in four years. You can lease it with year-end payments of $1.35 million per year for four years.
Q22.1. Assume the tax rate is 35%. You can borrow at 8% before taxes. Should you lease or buy.
Q22.2. What would the lease payment have to be for both the lessor and the lessee to be indifferent about the lease?
please show the inputs I have to input in a finance calculator to solve this
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