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Sudbury Leasing Corp. is considering the purchase of a fleet of cars for $ 4 4 0 , 0 0 0 . 0 0 .
Sudbury Leasing Corp. is considering the purchase of a fleet of cars for $
It can borrow at The cars will be used for years. Sudbury Leasing Corp. calls a leasing agent and finds that the cars can be leased for $ per year. The corporate tax rate is and the cars belong in a CCA class. Assuming beginning of period payments and salvage value of $ what is the net advantage to leasing?
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