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You wish to capitalize a lease. This lease requires $1.0 million per year, payments atbeginning of each year. Lease term is 10 years. Before-tax cost

You wish to capitalize a lease. This lease requires $1.0 million per year, payments atbeginning of each year. Lease term is 10 years. Before-tax cost of debt is 4.75%. Determine thedollar amount to be initially placed on the Asset side of the Balance Sheet

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