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The next 2 questions pertain to the following: Big-time Binary Computing (BBC) has been approached about a five-year lease for a new computer. The super
The next 2 questions pertain to the following: Big-time Binary Computing (BBC) has been approached about a five-year lease for a new computer. The super computer costs $500,000 and has a CCA rate of 30% and no salvage value. If BBN Computing Company's required after-tax rate is 10% and the tax rate is 40%, what lease payment should BBN set if the payments occur at the beginning of the year? How much do we need to recover from the lease payment to cover the cost of owning? 754 636 0 713636 688.900 O 811020
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