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Question 49 4 pts A lease has a term of 5 years with annual payments...

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Question 49 4 pts A lease has a term of 5 years with annual payments of $5,400. The asset would cost $40,000 to buy and would be depreciated straightline to a zero salvage value over 5 years. If the firm has a tax rate of 21 percent and can borrow at a rate of 8 percent, what is the NPV of the lease relative to the purchase? $16,777.58 0 $3,529.86 O $13,824.97 $15.169.83

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