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Your company has to obtain some new production equipment to be used for the next ten years, and leasing is being considered, only required during

Your company has to obtain some new production equipment to be used for the next ten years, and leasing is being considered, only required during peak production (approx 180 days per year). You have been directed to perform an after-tax study of the leasing approach. The data information for the study is as follows: Lease cost: First year, $180,000; second

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