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You need a particular piece of equipment for your production process. An equipment-leasing company has offered to lease the equipment to you for $9,800 per

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You need a particular piece of equipment for your production process. An equipment-leasing company has offered to lease the equipment to you for $9,800 per year if you sign a guaranteed 5-year lease (the lease is paid at the end of each year) The compary would also maintain the equipment for you as part of the lease. Alternatively, you could buy and maintain the equipment yourself . The cash flows from doing so are listed below (the equipment has an economic life of 5 years). If your discount rate is 69%, what should you do

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