Question 8 (1 point) Net Leasing Co. is considering to write a 3-year lease as a lessor. What is the NPV of this lease to Net Leasing Co. (in thousands)? The firm's tax rate is 40%, and it can buy a 3-year bond with a yield of 10% to maturity with similar risk instead of the lease. The leasing payments would be $200,000 at the end of each year. Equipment cost is $500,000. 3-year MACRS depreciation schedule is assumed: 40%, 30%, 20%, 10%. The residual value of the equipment at t = 3 is $75,000. The 3-year maintenance contract costs $20,000 at end of each year. $34.02 $5.72 $14.11 none of the above $227.95