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Business, 14.02.2020 21:26 potato3999

Ajax Capital has determined that the amount to be amortized on an extruder is $540,000. What annual lease payment must Ajax (lessor) require from the lessee if the required rate of return is 16%? Assume that the lease payments will be made at the beginning of each of the 7 years of the lease agreement and that the marginal tax rate is 40%.

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Ajax Capital has determined that the amount to be amortized on an extruder is $540,000. What annual...
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