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Assume that the following are true: Lease period and useful life is 7 years Rental...

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Accounting

Assume that the following are true: Lease period and useful life is 7 years Rental payment amount is $50,000 per year.With no executory costs included Payment occurs at the beginning of the year Estimated residual value is 0 dollars Interest rate is 8%.


What would be the present capitalized value of the capital lease?

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