Question: Consider a -year lease for a bottling machine, with a residual market value of at the end of years. If the risk-free interest rate is

Consider a -year lease for a bottling machine, with a residual market value of at the end of years. If the risk-free interest rate is APR with monthly compounding, compute the monthly lease payment in a perfect market for the following leases:

A fair market value lease.

b. A $1.00 out lease.

c. A fixed price lease with an $19,000 final price.

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