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You are the CFO of a major hospital and must decide whether you want to Lease or Buy a new Diagnostic Scanner. If the cost

You are the CFO of a major hospital and must decide whether you want to Lease or Buy a new Diagnostic Scanner. If the cost is $5MM and you can depreciate it (straight line) over 4 years with a zero residual value. If the annual Lease Payments are $1.44MM/year, what are your future annual cash flows (assuming a 21% tax rate) for the hospital?

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