Question: DO a QUESTION 28 You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive,

 DO a QUESTION 28 You work for a nuclear research laboratory

DO a QUESTION 28 You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment). The scanner costs $8,100,000, Because of radiation contamination, it will actually be completely valueless in four years. You can lease it for $2,395,000 per year for four years. Assume that the tax rate is 23 percent. You can borrow at 8 percent before taxes. Assume that the scanner will be depreciated as three-year property under the MACRS depreciation. The depreciation percentages are 3333, 4445, 1481, and .0741, respectively. Total 25 points What is the NAL of the lease? Aftertax debt cost- Aftertax lease payment- The cash flows from leasing for each year: Year CF NAL-2 For the toolbar, press ALT F10 (PC) or ALT+FN-F10 (Mac), y S Paragraph M Arial 10pt 2 E 3 7 X X ST ti por TT 9 2 x X Click Save and Submit to save and submit Click Save All Answers to save all ansune

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