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You need a parioular piece of equipment for your production procets. An equipment teating company...

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Accounting

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You need a parioular piece of equipment for your production procets. An equipment teating company has offered to lease the equipment to you for $0,B00 per year if you sign a guaranieed 5 -year lease (the lease in paid at the end of each year) The company would wso maintain the equpment for you as part of the lease. Aneratively, you could buy and maintain the equipmeat yourself. The cash now trom doino wo me listed here: (the equigment has an economio life of 5 years). If your diecount rate is 7.1%, what should you do? The net icesent value of the wesing sternative is 3 (Round to the nearest dolar)

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