Your firm needs to either buy or lease $230,000 worth of vehicles. These vehicles have a life of 4 years after which time they are worthless. The vehicles belong in CCA class 10 (a 30% class) and can be leased at a cost of $68,000 a year for the 4 years. The corporate tax rate is 34% and the cost of debt is 10%. There are many more assets in this asset class. The lease payments are made at the beginning of the period. The half year rule is applicable. a) What is the after-tax cost of debt? (1 Point) b) What is the amount of the after-tax lease payment? (1 Point) c) What is the present value of the depreciation tax shield? (1 Point) d) What is the net advantage to leasing? The lessor in this case has a tax rate of 35%. What is the net advantage of leasing to the lessor? (6 Points) e) What is the amount of the break-even lease payment to the lessee? (3 Points) f) What is the amount of the breakeven to the lessor? (3 Points) g) Is a lease feasible? (2 Points) h) What should be the tax rate of the lessor so that a lease is feasible?