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You neod a particular piece of oquipment for your production procoss. An equipmintheusing company has offored to loase the oquipment to you for $10,000 per

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You neod a particular piece of oquipment for your production procoss. An equipmintheusing company has offored to loase the oquipment to you for $10,000 per year if you sign a guaranteed 5 -year fease the lease is paid at the end of each year). The company would also maintain the equipment for you as part of the lease. Attematrvely, you could biyy and marintain the equipment yourself. The cash flows from doing so are listod here: (he oquipment has an econonic life of 5 years) If your disocunt rate is 7.0%, what should you do? The net present value of the loasing aternative is: (Round to the noarest dolar) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)

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