(8 Marks) Beta Corp is trying to determine whether they should lease a piece of...

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(8 Marks) Beta Corp is trying to determine whether they should lease a piece of equipment or purchase it with debt financing. See below for details. Determine whether the equipment should be leased or purchased. Cost of Equipment = CCA Rate for Asset = Interest Rate on Loan = Time Horizon for Analysis = Estimated Salvage Value at End of Life = Additional Costs if Purchased = Annual Lease Payments - Tax Rate = $45,000 20% 10% 6 Years $10,000 (not pv figure) $1,000 Annual Maintenance Contract $10,000 BGN 25%

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