You work as a financial analyst for RBC. Your company is considering buying an airplane and then lease it to Delta Air Lines. Your task is to determine the before tax leasing payment

You may follow the Leasing example we discussed in the class. You may choose an airplane of your choice (747, 767, 777, 787) Assume 20 year depreciation period in your lease analysis. Make your assumptions about tax rate, required rate of return, insurance cost, maintenance and operating costs, and salvage value.