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A company is deciding whether to lease or buy a new truck. The truck can be leased for a 7-year period for $40,000 per year (due at the beginning of each year). The firm can borrow at 13%. The company's marginal tax rate is 42% and CCA is 28%. Calculate the PV of Lease. Round the PV of Lease to 2 decimals (e.g 22.05), and the unit is $. Your Answer: Answer units Question 10 (1 point) A company is deciding whether to lease or buy a new truck. The truck can be purchased for $15,000. The salvage value in 6 years is expected to be $3,000. The company's marginal tax rate is 32%, cost of debt is 8%, and its WACC is 25%. Calculate the PV of Salvage. Round the PV of Salvage to 2 decimals (e.g 22.05), and the unit is $. Your Answer: Answer units A company is deciding whether to lease or buy a new truck. The truck can be leased for a 7-year period for $40,000 per year (due at the beginning of each year). The firm can borrow at 13%. The company's marginal tax rate is 42% and CCA is 28%. Calculate the PV of Lease. Round the PV of Lease to 2 decimals (e.g 22.05), and the unit is $. Your Answer: Answer units Question 10 (1 point) A company is deciding whether to lease or buy a new truck. The truck can be purchased for $15,000. The salvage value in 6 years is expected to be $3,000. The company's marginal tax rate is 32%, cost of debt is 8%, and its WACC is 25%. Calculate the PV of Salvage. Round the PV of Salvage to 2 decimals (e.g 22.05), and the unit is $. Your Answer: Answer units

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