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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 loase (the lease is paid at the end of each year). The company 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 here (the equipment has an economic life of 5 years). If your discount rate is 7.5%, what should you do? The net present value Data Table Enter your answer in (Click on the following icon in order to copy its contents into a spreadsheet.) Year 3 - $2.000 Year 4 $2.000 Year 2 - $2,000 Year 5 - $2.000 Year 1 - $2.000 Year o - $39,800 2 parts 131 PM remaining

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