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Starcourt Leasing has been approached by USA Logistics Company ( USALC ) to provide lease financing for a fleet of new semi - trailer trucks.
Starcourt Leasing has been approached by USA Logistics Company USALC to provide lease financing for a fleet of new semitrailer trucks. Each truck will cost $ and will be leased by USALC for years with lease payments made at the beginning of each year. Starcourt will depreciate the trucks on a straightline basis to $ but the actual market value at the end of years is estimated to be $ What are the required annual beginningofyear lease payments if Starcourt desires to earn a aftertax rate of return? Assume a marginal tax rate of
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