What is the present value of an operating lease that involves payments of $12,000 per year (the

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What is the present value of an operating lease that involves payments of $12,000 per year (the end of the year) for14 years with no possibility of purchase at the end of the lease term. Assume that the firm is in the 35% marginal tax rate and the pre-tax cost of debt for the firm is 9%?

$73,179.04

$93,433.80

$60,731.97

$112,583.13

ANS:A

Posted Date: May 18, 2024 02:04 PM

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What is the present value of an operating lease that involves payments of $12,000 per year (the

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