Question: You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner ( leasing is a very common practice with expensive, high -

You work for a nuclear research laboratory that is contemplating leasing a diagnostic
scanner (leasing is a very common practice with expensive, high-tech equipment). The
scanner costs $5,100,000, and it would be depreciated straight-line to zero over five
years. Because of radiation contamination, it actually will be completely valueless in five
years. The tax rate is 21 percent and you can borrow at 8 percent before taxes. What
would the lease payment have to be for both lessor and lessee to be indifferent about
the lease? (Do not round intermediate calculations and round your answer to 2
decimal places, e.g.,32.16.)
Break-even lease payment
 You work for a nuclear research laboratory that is contemplating leasing

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