The Leasing Pros Corporation (LPC) is considering a 2 year leasing project The equipment would cont 190000 UC would depreciate the equipment on the 3 Year Property schedule for two years (33 33 year 44A5 years and then sell for an estimated salvage value of $30,000 LPC's tax rate is 30 , and it faces an interest rate of 98 00 loans Free maintenance is provided as part of the purchase cost Leasing the equipment out for two years would generate beginning of year lease payments of $50,000 per year What is the net present value of the leasing project Select one a $6,123 b $12,947 c $20,906 d $15,597

Question

The Leasing Pros Corporation (LPC) is considering a 2 year leasing project  The equipment would cont 190000 UC would depreciate the equipment on the 3 Year Property schedule for two years (33 33  year  44A5  years and then sell for an estimated salvage value of $30,000  LPC's tax rate is 30 , and it faces an interest rate of 98 00 loans  Free maintenance is provided as part of the purchase cost  Leasing the equipment out for two years would generate beginning of year lease payments of $50,000 per year  What is the net present value of the leasing project  Select one  a  $6,123 b  $12,947 c  $20,906 d  $15,597

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The Leasing Pros Corporation (LPC) is considering a 2-year leasing project. The equipment would cont 190000 UC would depreciate the equipment on the 3-Year Property

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