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Suppose that you can buy a car now for $21 000. On the other hand, you can lease it at $360 per month for 60

Suppose that you can buy a car now for $21 000. On the other hand, you can lease it at $360 per month for 60 months. If you buy a car now, then you will be able to sell it at the end of the fifth year for $9 000. If you choose to lease, what is the monthly and annual IRR of the lease compared to the buying a car now?

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