Question: Consider a 5 -year lease for a $300,000 bottling machine, with a residual market value of $105,000 at the end of 5 years. If the
Consider a 5 -year lease for a $300,000 bottling machine, with a residual market value of $105,000 at the end of 5 years. If the risk-free interest rate is 5.1% APR with monthly compounding, compute the monthly lease payment in a perfect market for the following leases: a. A fair market value lease. b. A $1,00 out lease. c. A foxed price lease with an $38,000 final price
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