You have two options to obtain communications equipment for your businoss. The first option is to lease the equipment for fivo payments of $2,000 per yoot, with the first payment due foday. At the ond of the fith yoar you will return the equipment and Wilt need to decide how to replace it. The second choice is to purchase the oquipment for $8,500 today. You expect the purchased equipment to have a useful life of five years, alter which if will bo obsolete, have no resale value, and you will neod to decido how to reploce it. Which oplion offers the best volue for your business if your discount rate is 10% ? LO and 103 The leasing oplion has the highest future volue and. therofore, offers your businoss the best valyo. The leasing option has the lowest present value and, therefore, offers your business the bent volue. The purchase option has the lowest present value and. therefore. offers your business the best volue. The purchase option has the highest future value and, therofore, offers your business the best value