Question: D Question 11 5 pts Genesco is considering two alternative 5-year leases. The first lease is for $2.,340 per month for 60 months. The second
D Question 11 5 pts Genesco is considering two alternative 5-year leases. The first lease is for $2.,340 per month for 60 months. The second lease has no rent for the first 9 months, and then even monthly payments for the remaining 51 months. The company uses a WACC of 1 evaluate these types of situations. At what lease payment amount on the second lease would the company be indifferent between these two options? 2% (monthly discounting of 1% per month) to aes Your answer should be between 2000.00 and 3000.00, rounded to 2 decimal places, with no special characters 5 p D | Question 12
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