Question 11 5 pts Genesco is considering two alternative 5-year leases. The first lease is...
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Question 11 5 pts Genesco is considering two alternative 5-year leases. The first lease is for $2,240 per month for 60 months. The second lease has no rent for the first 9 months, and then even monthly payments for the remaining 51 months. The company uses a WACC of 12% (monthly discounting of 1% per month) to evaluate these types of situations. At what lease payment amount on the second lease would the company be indifferent between these two options? Your answer should be between 2000.00 and 3000.0o, rounded to 2 decimal places, with no special characters. Question 12 that has an initial cash outflow of $1 million and WAC
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