What is the value of the lease

Reference no: EM132956789

Question: the north georgia gas transport company has entered a perpetual lease on a pipeline right-of-way. the lease terms call for a payment of $1,000,000 to be made every five years, with the first payment to be made today, such that the lessor of the right-of-way will earn a return of 5% on an annual basis. what is the value of the lease?

Reference no: EM132956789

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