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  3. lease cash flows given the lease payment and term

Lease cash flows Given the lease payment and term shown in the following table, determine...

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Finance

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Lease cash flows Given the lease payment and term shown in the following table, determine the yearly after-tax cash outflow for the firm, assuming that the lease payment is made at the end of each year and that the firm is in the 40% tax bracket Assume that no purchase option exists Annual lease payment $10,000 Term of lease 27 years The yearly after-tax cash outflow for the firm is s(Round to the nearest dollar)

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