Question: Consider a 7 -year lease for a $300,000 bottling machine, with a residual market value of $120,000 at the end of 7 years. If the

 Consider a 7 -year lease for a $300,000 bottling machine, with

Consider a 7 -year lease for a $300,000 bottling machine, with a residual market value of $120,000 at the end of 7 years. If the risk-free interest rate is 6.1% 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 fixed price lease with an $45,000 final price

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