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You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment. The scanner

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You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment. The scanner costs $4,730,000, and it would be depreciated straight-line to zero over four years. Because of radiation contamination, will actually be completely valueless in four years. You can lease it for $1,450,000 per year for four years. Assume that the tax rate is 35 percent. You can borrow at ceoe e e thar lase paymen th yer What are the cash flows from the lease from the lessor's viewpoint? Assume a 35 percent tax bracket

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