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You need a particular piece of equipment for your production process. An equipment-oasing company has pffered to lease the equipment to you for $10.500 per

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You need a particular piece of equipment for your production process. An equipment-oasing company has pffered to lease the equipment to you for $10.500 per year you sign a guaranteed 5-year lease the lease is paid at the end of each year. The company would also intain 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 De discount rate is 72%, what should you do? Year 4 Year o - $41,000 Year 1 - $2,100 Year 2 - $2,100 Year 3 - $2,100 Year 5 - $2,100 - $2.100 The net present value of the leasing alternative is (Round to the nearest dollar.)

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